airbus global market forecast 2020

The workbook below also includes the outlook for the services and air cargo markets.

The outlook for the regional jet market remains robust, as forecasts anticipate more than 5,000 regional jets will be required over the next 20 years.13 This is expected to primarily be driven by an aging fleet and demand from Asia-Pacific, the Middle East, and Latin America, as they continue to expand regional connectivity. Photo Source: Airbus SASIn April, Airbus delivered 12 A320s (all NEO), one A330, and one A350. Southwest Airlines, the largest 737 MAX operator, has removed the aircraft from its schedule through October 30. This is 80 aircraft below the company’s all-time backlog record of 7,725 aircraft set in January 2020. Navigate the storyboard tabs and hover or click on the graphics to interact with the workbook for a detailed look at the future of the aviation market.Learn more about careers with Boeing.Boeing Defense, Space & SecurityAn epic eight-part documentary series 100 years in the making. On April 1, Ireland-based leasing firm Avolon placed an order for eight A320neos and a single A321neo. Prior to COVID-19, Airbus was targeting a 5 percent rate increase to 63 jets per month from 2021 and was also discussing a further ramp-up with its supply chain that could have brought the production rate up to as high as 67 aircraft per month, or 804 per year, by 2023, putting the company within reach of a total of 1,000 jet deliveries per year. In connection with Boeing’s first quarter 2020 earnings report on April 29, the company announced that 737 MAX aircraft production will resume at low rates later in 2020, as timing and conditions of return to service are better understood. In April, Boeing announced that it has terminated its joint venture agreement with Embraer. This will involve the development, manufacture, cyber protection, assembly, integration, test and launch, of a military communications satellite, Skynet 6A, planned for launch in 2025. In the past we have explored the importance of Aviation Mega-Cites (AMCs), particularly for larger aircraft, but this is just a part of the story. No rate cut has been announced for the A220 or A380; however, Airbus has delayed a planned A220 production ramp-up at its Mirabel facility near Montreal, where the company has been producing four A220s per month.

The report will make detailed analysis mainly on in-depth research on the development environment, Market size, development trend, operation situation and future development trend of Public Safety LTE Market on the basis of stating current situation of the industry in 2020. For 2020 to date, Airbus has accumulated 365 gross orders (66 cancellations => net of 299). Production rate assumptions for the 747 and 767 programs have not changed. The COVID-19 pandemic caused Southwest’s first quarterly loss in nine years. In the meantime, test flights and software changes continue. Boeing also announced that the 787 production rate will be reduced from 14 per month to 10 per month this year, and gradually reduced to seven per month by 2022.

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