European carriers will need approximately 8,705 new airplanes through 2040, according to Boeing’s recently released 2021 Commercial Market Outlook (CMO). The CMO also forecast that Europe’s commercial aviation industry will require more than 405,000 new pilots, technicians and cabin crew over the next 20 years. It further projects passenger traffic growing at a rate of 3.1 percent annually with fleet growth expected to average 2.7 percent per year in the region.
This is a companion discussion topic for the original entry at https://www.avweb.com/aviation-news/growth-forecast-for-european-commercial-aviation-fleet