Paris Air Show: manufacturers cultivate optimism

Both Airbus and Boeing remain optimistic about the future of air transport and the demand for aircraft over the next twenty years. The only notable difference is that the number of aircraft expected to enter airline fleets differs from one manufacturer to another.
DR SIAE
The 2017 Paris Air Show takes place from 19 to 25 June (DR SIAE)

While the "Paris Air Show opened its doors to Bourget on 19 June, Airbus predicts that the fleet of aircraft with more than 100 seats will double over the next twenty years to reach more than 40,000 devices. This would represent the renewal of almost 35,000 aircraft. Boeing is more generous in its forecasts. The American manufacturer is betting on just over 41,000 aircraft. This represents a market of 6,000 billion dollars 5.300 billion for Airbus.

The two aircraft manufacturers justify their optimism by the steady increase in traffic over the last few decades. " Air transport shows remarkable resilience to external shocks. In fact, it doubles on average every fifteen years.explains John LeahyCOO Customer Relations at Airbus Commercial Aircraft.

Economic growth, linked in particular to a surge in the consumption of services - including travel -, the rise of the middle classes in emerging countries and the redefinition of the aviation model are all factors that will stimulate growth in air traffic over the long term".says Boeing in its report.

The emerging markets, with their population of 6.4 billion (out of a total of 7.4 billion), will represent by 2036 50% of world consumption at that date.

The Chinese domestic market is set to become the world's largest aviation market

Asia will continue to play a major role in the growth of air transport, particularly China and India which, according to Airbus, will continue to be the driving forces stimulating air demand, as will South-East Asia (led by Indonesia and Vietnam) and Latin America. " The Chinese domestic market will become the world's largest aviation market while overall demand for air travel in emerging markets is set to triple".says John Leahy at Airbus.

Average growth in emerging markets is expected to be twice as high as in mature markets such as North America and Western Europe. Airbus estimates that the latter two semi-continents will see average annual growth of 3.2%. For his part, Randy Tinseth, Vice-President of Marketing at Boeing Commercial Airplanes, has indicated that passenger traffic will grow by an average of 4.7% over the next twenty years.

Airbus and Boeing optimistic about the airline market in the years ahead

According to Airbus, over the next twenty years, the Asia-Pacific region will represent 41% of all aircraft deliveriesfollowed by Europe with 20% and North America with 16%. Boeing, for its part, estimates that Asia Pacific will generate 39% of all deliveries - an estimate very close to that of Airbus. However, these estimates differ for North America, with Boeing estimating that the semi-continent will account for 21% of all deliveries, followed by Europe with 19% and the Middle East with 8%.

On the other hand, this is a time of medium-capacity aircraft, a far cry from the Airbus A380. The most popular models at Le Bourget were the A321neo and the A350-1000. the latest version of the European manufacturer's long-haul aircraft. Boeing, for its part, is making a big splash with its new aircraft Boeing 737-MAX 10offering greater capacity. On Wednesday, the aircraft had already recorded 226 orders out of a total of 350 aircraft ordered from the American aircraft manufacturer. Airbus announced 229 orders.

Boeing: a new aircraft for 2025

Revealed by Mike Delaney, General Manager of Development for Boeing Commercial Airplanes, the future jet Boeing B797 would position itself in a market for a medium-capacity aircraft between the Airbus A320/Boeing B737 and the smaller Airbus A330/Boeing B787 models. Largely equipped with composite materialsThe aircraft would be particularly fuel-efficient and ideal for low-density long-haul routes. The aircraft manufacturer is planning 220 to 270 models, and if Boeing's senior management gives the final go-ahead to the project, it would enter service in eight years' time. The design is said to be revolutionary, with the aim of reducing fuel consumption as much as possible. ellipsoidal fuselage.