Airlines To Order Nearly 30,000 New Planes In Next 20 Years

AEROSPACE

Last month, low-cost Irish carrier Ryanair gave a boost to Boeing by ordering 27 Boeing 737-800 jets worth 1.9 billion dollars (1.4 billion euros, 962 million pounds) at list prices.

by Staff Writers
London (AFP) June 13, 2007
US aerospace giant Boeing forecast on Wednesday that airlines worldwide would take delivery of nearly 30,000 new jets in the next two decades amid surging demand for air travel. Boeing, unveiling the US group's annual report in London, forecast that the worldwide aviation sector would deliver 28,600 commercial aircraft over the next 20 years worth a total 2.800 trillion dollars (2.107 trillion euros).

The bullish outlook came despite growing concern about the impact of airline pollution and EU plans to impose carbon dioxide emissions quotas on the industry from 2011.

"Air travel is going to continue to grow, driven by economic growth, world trade liberalisation and by the availability of new, more capable and more efficient airplanes," said Boeing's vice-president for commercial airplanes, Randy Tinseth, as he delivered the report to journalists.

Boeing said that demand over the next 20 years would be led by low-cost carriers seeking more environmentally friendly planes, while looking towards expansion into the United States market, Boeing added.

"This growth will occur in an environmentally responsible and accountable manner that addresses greenhouse gas reduction efforts with progressive new aircraft and increased operational efficiencies," Tinseth said.

The Asia-Pacific region would account for a 36-percent stake of the 2.8-trillion-dollar market, North America would have 26 percent, while Europe, Russia and the Commonwealth of Independent States would represent one quarter.

The projected deliveries would take the world's total commercial airplanes fleet to 36,400 jets by 2026, according to Boeing.

The upbeat forecast of demand for the next two decades demonstrates the level of optimism in the industry ahead of the opening of the Paris Air Show next week.

The week-long event, one of the world's biggest aviation shows, is expected to feature more frenetic deal-making for Boeing and European rival Airbus when it kicks off on Monday.

European jet maker Airbus admitted last week that it was lagging Boeing in orders so far this year. Airbus is owned by Franco-German aerospace firm EADS.

Boeing noted that the greatest demand for the industry would continue to be for single-aisle commercial planes for use on shorthaul routes between 2007 and 2026.

"This is partially driven by continued high growth in low-cost carriers," Tinseth said.

No-frills airlines in Europe are seeking to expand into the US market after EU transport ministers gave clearance for plans to free up the transatlantic aviation market under a long-sought "open skies" accord.

Last month, low-cost Irish carrier Ryanair gave a boost to Boeing by ordering 27 Boeing 737-800 jets worth 1.9 billion dollars (1.4 billion euros, 962 million pounds) at list prices.

Airbus had revealed last week that it had received 201 orders in the first five months of the year, a performance that leaves it well behind the 407 recorded by Boeing.

The group is struggling to overcome major delays in its A380 superjumbo programme, and is about to undergo a sweeping overhaul that will see the loss of 10,000 jobs in France, Germany, Britain and Spain.

European airlines have meanwhile expressed concern about recent EU proposals to introduce carbon dioxide emissions quotas.

From 2011, the carriers would have to meet targets by reducing their emissions or buying carbon dioxide credits from other industries.

The real impact of their carbon dioxide emissions on global warming is amplified two to four times because planes flying at high altitude leave condensation trails which add to the greenhouse gas effect.

Source: Agence France-Presse

Email This Article

AEROSPACE

Airlines Pledge Emissions Cuts But Warn EU Curbs Could Jeopardise Sector

Vancouver (AFP) June 05, 2007
Leaders of the world's airline industry said at their annual meeting that airlines will strive to be more "green" and aim for zero carbon-dioxide emissions by 2050, but skeptics question whether the goal is realistic. "I don't have all the answers, but I'm sure research can find the way to achieve zero percent in 50 years. This is realistic," Giovanni Bisignani, director general of the International Air Transport Association (IATA), said at the group's annual conference in Vancouver this week.

ENERGY TECH Spanish Fenosa To Invest In Latin American Renewables Rosneft To Invest A Billion Dollars ln New Fleet To Tap Far East Shelf Oil Deposits Extreme Environment Biology Research May Help Solve Lignocellulosic Ethanol Puzzle Prairie Cordgrass For Cellulosic Ethanol Production	CIVIL NUCLEAR Thousands Of Protestors Rally Against Indonesian Nuclear Plant Thailand To Build First Nuclear Plant Wyle And ARES Corporation Sign Teaming Agreement To Pursue Nuclear Energy Industry Business NGO Warns Of Explosion Risk At Russian Nuclear Storage
BLUE SKY AIRS Global Map Of Carbon Dioxide From Space Widespread Twilight Zone Detected Around Clouds Rand Says Further Study Warranted On Save The World Air Technology Noxious Lightning	WOOD PILE Rove Beetles Act As Warning Signs For Clear-Cutting Consequences Woods Hole Research Center Scientists Study Impacts Of Industrial Logging In Central Africa Zimbabwe Forests Under Threat While Cambodia Censors Logging Report Uganda Shelves Plan To Convert Rainforest
FARM NEWS Livestock Virtually Fenced In A Crop Containment Strategy For GM Farms Study Predicts Grim Future For European Seas Compost Reduces P Factor In Broccoli, Eggplant, Cabbage Trial	CAR TECH Honda To Produce Green Diesel Cars Toyota Develops More Fuel-Efficient Engine System GM Wants To Drive Green But Easy On The Rules PSEG To Replace 1300 Vehicles with Hybrids To Help Curb Carbon Emissions In New Jersey
AEROSPACE Airlines To Order Nearly 30,000 New Planes In Next 20 Years Airlines Pledge Emissions Cuts But Warn EU Curbs Could Jeopardise Sector Sandia And Boeing Collaborate To Develop Aircraft Fuel Cell Applications Australia Fears Jet Flight Guilt Could Hit Tourism	NUCLEAR SPACE Could NASA Get To Pluto Faster? Space Expert Says Yes - By Thinking Nuclear NASA plans to send new robot to Jupiter Los Alamos Hopes To Lead New Era Of Nuclear Space Tranportion With Jovian Mission Boeing Selects Leader for Nuclear Space Systems Program

The content herein, unless otherwise known to be public domain, are Copyright 1995-2006 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA PortalReports are copyright European Space Agency. All NASA sourced material is public domain. Additionalcopyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement