2023-2033 Commercial Aircraft and Engine Fleet Forecast

article | 16-Jun-23

2023-2033 Commercial Aircraft and Engine Fleet Forecast

Alton Team: Adam Guthorn, Jonathan Berger, Joshua Ng

Market: Technology & Mobility, Airports, MRO & Aftermarket, Aerospace, Aircraft Leasing & Financing, Transaction Advisory, Airlines

Over the next 10 years, the worldwide commercial aircraft fleet will grow 3.3% annually from 29,000 to 42,000, notwithstanding the ongoing geopolitical and supply chain challenges impacting Original Equipment Manufacturers (OEM) production rates, according to Alton Aviation Consultancy.

The global aviation advisory firm’s independent 2023-2033 Commercial Aircraft and Engine Fleet Forecast offers detailed insight into the industry’s recovery, alongside a 10-year forecast of air traffic and the active fleet. The report finds that an uneven aviation recovery will cause OEMs to largely focus on tackling near-term supply chain issues and continuing research and development, but not launch major new programs in the near term. With market pressure for the sector to make more progress in achieving its sustainability goals, OEMs will continue technology development and advancement for launching new aircraft programs in the mid-term.

Download

Technology & Mobility

New Generation Mobility: Operator Considerations – (Part 2)

Operator Fleet Procurement Considerations In our previous short post, we discussed the importance of product market fit and social acceptance as operators procure their eVTOL fleets. Certification and financing are two equally important considerations for operators. Product Market Fit – Vehicle selection based on an operator’s unique use case and...

Article | 15-Apr-24

Technology & Mobility

New Generation Mobility: Operator Considerations – (Part 1)

Operator Fleet Procurement Considerations With the expected launch of eVTOL services at the Paris Olympics in 2024 and the Osaka World Expo in 2025, aspiring eVTOL operators seeking to be early adopters need to develop their business plans and go-to-market strategies to support this vision. Vehicle selection is a key...

Article | 20-Mar-24

Technology & Mobility

2024 Singapore Airshow AAM Forum Key Takeaways

The 2024 Singapore Airshow brought together global aviation leaders to share their insights on current developments for aviation, the challenges to overcome, and their outlook on the industry. Alton Aviation Consultancy, as knowledge partner of the Airshow, facilitated the highly anticipated Advanced Air Mobility (AAM) AeroForum. The AeroForum featured...

Article | 06-Mar-24

Technology & Mobility, Airports, MRO & Aftermarket, Aerospace, Aircraft Leasing & Financing, Airlines

Asia Pacific’s Flight Path: Seizing Opportunities in an Evolving Landscape

The Asia Pacific (APAC) region has long been a cornerstone of the global aviation sector, significantly contributing to aviation growth over the past few decades. While the region’s cautious approach to re-opening and economic slowdown following the pandemic have led to a slower recovery than other parts of the world,...

Article | 19-Feb-24

Technology & Mobility

Podcast: AAM Industry Insights with Alton Experts

AAM Industry Insights with Alton Experts Join our AAM experts, Joshua Ng and Alan Lim, as they share insights on the podcast hosted by 'eVTOL Insights.' In this episode, Joshua and Alan cover Alton's expanding role in the AAM space, discuss the upcoming Singapore Airshow Mobility Forum, and provide an...

Article | 12-Feb-24

Technology & Mobility

AAM Entry-Into-Service Considerations – Airport Shuttle Service

AAM Entry-Into-Service Considerations - Airport Shuttle Service As advanced air mobility (AAM) nears initial commercialization in the middle of this decade, we take a look at the initial entry-into-service considerations at one of the promising early use cases for AAM – the airport shuttle service. We breakdown the stakeholder considerations...

Article | 08-Jan-24

Technology & Mobility

Advanced Air Mobility (AAM): Implications for Transport Service Providers

New Value Propositions Operators have broad ambitions for eVTOLs and are particularly excited by the potential of these new-generation vehicles to revolutionize air transport by lowering costs and / or by opening up new revenue streams. With the increased focus on climate change, the ability of eVTOLs to have zero...

Article | 01-Nov-23

MRO & Aftermarket

2023-2033 Global MRO Demand Forecast

Global maintenance, repair and overhaul (MRO) spend will grow 2.2% annually over the next 10 years, from $112bn to $138bn, in response to faster than expected traffic recovery and fewer retirements, according to a new report from Alton Aviation Consultancy. The global aviation advisory firm's independent annual Global MRO...

Article | 25-Sep-23

Technology & Mobility, Airlines

The Connected Cabin

Two decades have passed since the introduction of inflight WiFi onboard. Since then, there has been significant developments in cabin connectivity technology, not only to meet the growing demand from passengers to stay connected but also from airlines and operators alike. This paper focuses on the current trends in cabin...

Article | 01-Jun-23

Technology & Mobility, Airports, MRO & Aftermarket, Aerospace, Aircraft Leasing & Financing, Transaction Advisory, Airlines, Business & General Aviation

Advanced Air Mobility (AAM) Entry-Into-Services: Key Milestones Ahead

Key Milestones Ahead With over $8 billion raised by major AAM Original Equipment Manufacturers (OEMs) and 12,000 orders placed by customers spanning the globe, the AAM industry continues to advance and shape the future of aviation. Despite nil industry revenue recognized to date, significant progress towards commercialization has been made:...

Article | 20-Apr-23

Technology & Mobility

eVTOL orders: 2022 wrapped

eVTOL Orders: 2022 Wrapped Advanced air mobility, also known as AAM, is a new concept of air transportation. While there are three major types of aircraft – Electric Vertical Takeoff and Landing (eVTOL) vehicles, Electric Short Takeoff and Landing (eSTOL) vehicles and Electric Conventional Takeoff and Landing (eCTOL) vehicles –...

Article | 01-Mar-23

MRO & Aftermarket

Q1 2023 MRO Forecast & Industry Trends,

Alton Aviation Consultancy Managing Director Jonathan Berger was invited to provide the opening keynote presentation at Aviation Week’s annual MRO Latin America conference in Buenos Aires, Argentina where he shared his insights on the major aviation and MRO industry trends and their impact to the Latin American regional competitive dynamics.

Presentation | 23-Feb-23

MRO & Aftermarket, Aerospace, Aircraft Leasing & Financing, Transaction Advisory, Airlines

Macroeconomic Assessment and Outlook, Q1 2023

Alton Managing Director John Mowry delivered a macroeconomic assessment and outlook at Aviation Week Network’s Engine Leasing, Trading & Finance Americas conference in Dallas on February 7, 2023. John shared his insights on the economic direction of the Americas, considering key factors driving the engines market including GDP, air...

Presentation | 07-Feb-23

Airports, Airlines

Sustainable Efficiency: The Future of Ground Operations at LCC Hubs

The low-cost carrier (LCC) business model has been evolving, including prior to the pandemic. Driven to facilitate connectivity and capture a slice of alternative higher-yielding segments, many LCCs have pivoted operations at their hub airports to enable this new direction. Ground Handling Agents (GHAs) have had to adapt to such...

Article | 13-Jan-23

Aircraft Leasing & Financing

Commercial Aviation Finance Review

At the 2022 Airline Economics New York conference, Alton’s Managing Director John Mowry kicked off the multi-day event with an initial review of the commercial aviation finance industry. Aircraft trading, equity markets, and debt financing dynamics were explored.

Presentation | 26-Oct-22

Aircraft Leasing & Financing

Route to recovery: delayed

In a special white paper authored for the Airfinance Journal’s 2022-2023 Annual, Alton Aviation Consultancy looks at the state of commercial aviation and aircraft leasing, and the outlook for the year ahead. The aviation industry has cautiously turned a corner from the Covid-19 pandemic, with traffic rebounding as the world...

Article | 11-Oct-22

MRO & Aftermarket

2022 MRO Industry Forecast & Market Trends

Alton Aviation Consultancy Managing Director Jonathan Berger was invited to speak at IATA’s 18th Annual Maintenance Cost Conference (MCC) in Geneva, Switzerland where he presented Alton’s proprietary 10-year global fleet & MRO forecast and shared his insights on the key aviation and MRO industry trends.

Presentation | 07-Oct-22

Aircraft Leasing & Financing

State of Aircraft and Engine ABS Market

At a recent ISTAT Learning Lab session, Alton Aviation Consultancy managing director John Mowry, alongside Evan Wallach, President & CEO of Global AirFinance Services presented an overview of then-current state of the aircraft and engine asset backed securitization (ABS) market. The session reviewed the impact from the pandemic, Russian seizure...

Presentation | 13-Sep-22

Airports, Airlines

Future of Air Hubs: Staying Relevant in a Changing World

Air hubs have traditionally been a key component of regional and intercontinental air travel due to the success of hub-and-spoke airline models. Such models aim to consolidate demand, maximize flight offerings, and thus more seamlessly connect city pairs between which direct flights may not be technically or commercially viable. Connecting...

Article | 25-Aug-22

Technology & Mobility, Airports, Aerospace, Aircraft Leasing & Financing

Hydrogen Aircraft and Implications for Aviation Infrastructure

Alton’s white paper turns the spotlight on hydrogen aircraft and the significant implications for aviation infrastructure. In the report, Alton’s experts explore the following questions: What are the impacts of future energy source adoption? How will hydrogen aircraft operations affect infrastructure? What should stakeholders consider in the path to hydrogen...

Article | 25-May-22