Throughout the first quarter of this century, passenger air traffic tripled and the global airplane fleet more than doubled as the commercial aviation industry navigated significant challenges. Looking ahead over the next 20 years, this resilience will continue with strong demand for new airplanes as consumers prioritize air travel and passenger traffic more than doubles ─ outpacing global economic growth.
Emerging markets will play an outsized role in this global air travel growth, driven by an expanding middle class, dynamic and competitive airline networks and sustained aviation investment. With rising travel demand and delayed airplane retirements, the global fleet will nearly double to add capacity and replace most of the airplanes currently in service, which will improve fleet efficiency and capability.
Discover more about the 2025 forecast below.
