Market Intelligence: -Airline Aircraft Orders

Aircraft Manufacturer ATR Wraps Up Successful International Paris Air Show

Four years after the last edition, the 54th International Paris Air Show, held at Le Bourget from 19 June to 25 June, ended today.

During the first four days of the show, the ATR teams welcomed to the chalet and onboard an Azul ATR 72-600 available on the static area, a number of customers, partners, suppliers, institutional representatives, strengthening essential links and reinforcing partnerships.

Altogether, we discussed the current and future challenges for ATR and the whole industry, and reaffirmed our common commitment to decarbonisation.

During a media briefing on Tuesday 20 June, Nathalie Tarnaud Laude, ATR’s Chief Executive Officer, covered the commercial market outlook, industry dynamics and outlined plans for the next five years, including production ramp-up and the futuristic ATR EVO.

She shared also the company’s recent market successes, announcing orders for 22 new aircraft, plus two options:

  • 6 ATR 72-600 from Mandarin Airlines
  • 2 ATR 72-600 with “All-Business Class” HighLine premium configuration from Berjaya Air
  • 3 ATR 72-600 from Azul, plus options for 2 additional aircraft
  • 8 ATR 72-600 from 3 undisclosed customers
  • 3 ATR 42-600 from 2 undisclosed customers.

These achievements illustrate the clear upward trend and solid market appeal for its family of low-emission, comfortable and versatile turboprops with unbeatable economics.

Aviation enthusiasts enjoyed a remarkable performance from ATR test pilots during the first three days of the show, while they flew an ATR 72-600F, the brand-new purpose-built ATR Freighter, demonstrating both its manoeuvrability and low noise footprint.

Visitors to the ATR static area were also able to test the latest versions of the ATR 42-600 and the ATR 72-600 on Microsoft Flight Simulator and discover the new glass cockpit and latest innovations.

On the 5th day of the show, we focused on initiatives to attract the younger generation and the ATR pilots of tomorrow. As part of a campaign led by Campus des Métiers, we were pleased to welcome Air Corsica who flew one of their ATRs to the show with students on board. The enthusiastic ATR teams shared their passion about the fascinating and dynamic aerospace industry and students were given the opportunity to meet with ATR experts.

We closed the show with the ATR Family Day, as we, at ATR, strongly believe that the diversity of our people and our pride in our product are driving forces which, combined with our innovative spirit and creativity, have kept us ahead of the curve ever since the beginning of the ATR programme in 1981. These will continue to be key levers to support both our leading position on the regional market and the path towards decarbonisation.

Source: ATR Aircraft

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Boeing Releases Commercial Market Outlook 2023–2042

For more than 60 years, the Boeing Commercial Market Outlook (CMO) has been the aviation industry’s leading forecast in global commercial air traffic and airplane demand.

With detailed, regional analysis the CMO is an annual resource for airlines, suppliers and the wider aviation community in tracking the evolution of market trends over a 20-year period.

The 2023 CMO reflects global passenger traffic nearly recovered from the disruption of the pandemic. Despite constraints caused by labor shortages, supply chain issues and operational restrictions at airports, passenger traffic is set to return to 2019 levels over the course of the next 12-18 months.

2023 CMO forecast highlights include:

  • Exiting the pandemic, many airlines are assessing their future networks and simplifying their fleet to improve operations and reduce costs. Almost 40% of airlines have removed at least one airplane family from their active fleet since 2019.
  • Global passenger air travel has become increasingly diverse and balanced over the last several decades, a trend that is expected to continue over the forecast period, with emerging aviation markets in Asia experiencing higher-growth phases of network, infrastructure and airline development.
  • The growth of low-cost carriers (LCC) continues to drive down fares and make travel more accessible, with 36% of the global single-aisle fleet now operated by LCCs. This is forecast to rise to more than 40% and nearly half of all single aisle seats by 2042.
  • Overall the global fleet will double in size to more than 48,500 jets during the forecast period.
  • Robust demand for dedicated cargo freighters will continue, despite the cyclicality of this sector, due to growing e-commerce and evolving supply chain networks.

Learn more about the forecast, here.

Source: Boeing
Photo Credit: Boeing (shown as meta image)

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