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97. Boeing Forecasts Africa’s Airlines to Need 1,030 New Airplanes by 2040
Boeing has forecast that Africa’s airlines will require 1,030 new airplanes by 2040 valued at $160 billion and aftermarket services such as manufacturing and repair worth $235 billion. The projection is part of Boeing’s 2021 Commercial Market Outlook (CMO), the company’s long-term assessment of demand for commercial airplanes and services. Published by TravelNewsAsia.com on 22 Octo
98. Rockwell Collins Expands Operational Aircraft Weather Observations Program
Rockwell Collins is expanding its operational aircraft weather observations program to include weather data from LATAM Airlines’ fleet of aircraft. The agreement is part of a Rockwell Collins/National Oceanic and Atmospheric Administration (NOAA) program to improve the accuracy of forecasts for the aviation industry and the general public.
99. Boeing Forecasts China’s Airlines to Require 8,700 New Planes by 2040
Boeing has forecast that airlines in China will require 8,700 new airplanes by 2040, valued at $1.47 trillion, to meet expanding commercial air travel demand. By 2030, China’s domestic passenger market will exceed intra-European traffic; by 2040, China’s domestic traffic is expected to also exceed air travel within North America. Published by TravelNewsAsia.com on 23 September 2021
100. American Express Global Business Travel Forecasts Stable Air Prices in 2020
The Air Monitor 2020, published by American Express Global Business Travel (GBT), predicts that political and economic uncertainty across the globe will contribute to a continued slowdown in demand growth for air travel in 2020. Despite rising costs for oil, labour and infrastructure, fierce competition in the sector indicates that airlines will have minimal scope to raise fares.
101. Emerging Asian Markets Continue to Lead World Tourism Growth
Emerging Asian Markets Continue to Lead World Tourism Growth. The forecasts, based on the Asian Travel Monitor, part of IPK International’s World Travel Monitor – as well as on interim inbound arrivals data gathered by the World Tourism Organization (UNWTO) and the European Travel Commission (ETC) – show that Asia Pacific continues to be the fastest growing inbound and outbound tou
102. Boeing Forecasts 1.2 Million Pilots and Technicians Needed by 2036
Boeing's 2017 Pilot and Technician Outlook projects a demand for more than 1.2 million pilots and technicians over the next 20 years.
103. Boeing Projects Market for 7,290 New Airplanes in North America
Boeing forecasts that air carriers in North America will take delivery of 7,290 new airplanes over the next 20 years at a market value of $820 billion. Taking retirements of airplanes into account, the North America fleet will grow from 6,650 airplanes today to about 8,830 airplanes by 2031.
104. Boeing Forecasts World Air Cargo Traffic to Grow to Annual Rate of 4.2%
Boeing has forecast that air cargo traffic will grow at an annual rate of 4.2% over the next 20 years, with 930 new and 1,440 converted freighters needed to meet market demand by 2035. The forecast shows markets linked to Asia will lead all other international markets in average air cargo growth. Dedicated freighters still carry more than half of air cargo traffic and remain the le

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