Boeing expects global demand for air travel to rise by more than 40% by 2030

Emerging markets, with expanding middle classes, dynamic and competitive airline networks and sustained aviation investment, will play an outsized role in global air traffic growth, helping drive a need for 43,600 commercial airplanes over the next 20 years, Boeing (BA) projected. These markets will represent over 50% of the global commercial fleet in 2044, up from nearly 40% in 2024. Ahead of the Paris Air Show, Boeing released its 2025 Commercial Market Outlook, which also predicts airplane supply will catch up with market demand around the end of the decade, enabling carriers to increasingly renew and grow their fleets. Passenger traffic is forecast to grow 4.2% annually – more than doubling in size as it continues to outpace global economic growth. The global fleet will nearly double to more than 49,600 commercial airplanes as airlines add capacity to meet travel demand. About 80% of in-service airplanes will be replaced with more than 21,000 deliveries, improving fleet efficiency and capability.