European low-cost carriers help drive demand for new planes over the next 20 years: Boeing


Airplane maker Boeing said on September 21 that airlines will replace older aircraft with more fuel-efficient jets to help low-cost European airlines drive demand for new planes in the region over the next 20 years. I said it would be.

Boeing said European airlines expect to order 7,100 new single-aisle aircraft between now and 2040. Single-aisle aircraft are typically used for short-haul journeys.

Of the 7,100 new single-isle jets that Boeing’s 737 jets compete with Airbus’ A320s and A321s, Boeing’s vice president of commercial marketing, Darren Halst, is in demand for nearly 3,000 over the next decade alone. He said it was expected.

Low-cost carriers like Ryanair, which announced last week that they have raised their five-year passenger traffic growth forecast to 50%, are below demand, according to Boeing. Fruste also said that low-cost carriers’ demand for planes in Europe would be stronger than anywhere else in the world.

“Globally, we can argue that in general, about 40% of single-aisle demand is low-cost carriers, and that number is slightly higher in this European space,” he said. Said at a press conference.

The announcement comes a few days after Ryanair announces that it has boosted its five-year increase in passenger traffic after shareholders approved its post-COVID-19 recovery plan.

Prior to the COVID-19 pandemic, the company had 149 million passengers, but is now expected to exceed 225 million by March 2026, a previous goal. It exceeds 200 million people by 25 million people a year.

Ryanair said growth will be fueled by the delivery of 210 new Boeing 737 Max jets over the next five years. However, the plan is not adversely affected by COVID-19 and vaccination levels remain at 90% across Europe.

Ryanair said the Boeing 737 Max jet is “the lowest cost in the industry, reducing emissions and enabling Ryanair.” [to] As opportunities open up at primary and secondary airports across Europe, it will accelerate post-COVID growth, especially if legacy carriers fail or the size of the fleet shrinks as a result of COVID and state aid. “

Boeing’s largest European customer, the Irish airline, announced a new tens of billions of dollars worth of large 737 MAX 10 jets with a U.S. aircraft manufacturer in early September after a low-cost carrier announced a list price. I suddenly ended the negotiations regarding the order. It was too expensive.

However, Furst did not show any harsh feelings and said he would be welcome to come back if he wanted more Ryanair.

“I think the 737 MAX10 and other variants of the 737 will continue to make sure that Ryanair can help change the game even further,” he said.

Elsewhere on Tuesday, Boeing said it expects demand for 1,545 new jets in Europe over the next 20 years in the wide-body or long-haul sector.

Reuters contributed to this report.

Catabella Roberts


Katabella Roberts is a reporter currently based in Turkey. She focuses primarily on the United States and covers the news and business of The Epoch Times.