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Boeing expects the number of commercial aircraft worldwide to double, increasing by 80% to over 50,000 planes by the year 2045. The market will require approximately 43,600 new aircraft over the next 20 years to meet the growth in travel demand and fleet upgrades. Of these, about half will be dedicated to expanding current fleets, while older models will be replaced with more fuel-efficient and environmentally friendly aircraft. By 2045, modern-generation aircraft are projected to comprise 92% of the fleet. Despite the strong demand, airlines are facing an production gap approaching 2,000 aircraft due to supply chain disruptions and geopolitical issues. However, passenger traffic is expected to grow at an average rate of 4% annually until 2045, with a recovery anticipated after the impacts of the war in the Middle East.
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