Monday, July 7, 2025

Creating liberating content

MUMBAI: Retail investors in India lost nearly Rs 1.06 lakh

CHENNAI: Electric vehicle penetration in three wheeler retails hit 60.2%

BENGALURU: India’s French connection is growing stronger. French IT services

MUMBAI: Sebi chief Tuhin Kanta Pandey on Monday assured investors

Related News

MUMBAI: Retail investors in India lost nearly Rs 1.06 lakh crore in the equity futures & options (F&O) segment during fiscal 2025 (FY25), a staggering 41% jump from Rs 74,812

CHENNAI: Electric vehicle penetration in three wheeler retails hit 60.2% in June 2025, up from 55.5% in the year-ago month. According to the latest auto retail data from the Federation

BENGALURU: India’s French connection is growing stronger. French IT services firm Capgemini, which has more than half of its 3.4 lakh employees in India, is acquiring one of the country’s

MUMBAI: Sebi chief Tuhin Kanta Pandey on Monday assured investors there were not many other risks in the market like the one seen recently in the event of market manipulation

MUMBAI: Tata Group has formed a committee comprising CEOs from its major operating companies to enhance safety measures across its businesses. Tata Sons chairman N Chandrasekaran stressed that safety has

M Nagaraju, secretary of department of financial services NEW DELHI: Fintech companies should go beyond urban markets and play a role in driving financial inclusion across the country by developing

Trending News

MUMBAI: Retail investors in India lost nearly Rs 1.06 lakh crore in the equity futures & options (F&O) segment during fiscal 2025 (FY25), a staggering 41% jump from Rs 74,812

BENGALURU: India’s French connection is growing stronger. French IT services firm Capgemini, which has more than half of its 3.4 lakh employees in India, is acquiring one of the country’s

MUMBAI: Sebi chief Tuhin Kanta Pandey on Monday assured investors there were not many other risks in the market like the one seen recently in the event of market manipulation

M Nagaraju, secretary of department of financial services NEW DELHI: Fintech companies should go beyond urban markets and play a role in driving financial inclusion across the country by developing

Finance Minister Nirmala Sitharaman on Sunday said Brics is a vital platform for advancing inclusive multilateralism, especially at a time when global institutions are facing a crisis of legitimacy and

Cryogenic OGS pulled off a blockbuster IPO debut, with the Rs 17.77 crore issue subscribed an eye-popping 646.47 times by the close of bidding on Monday, July 7.Retail investors drove

Global aviation forecast dips slightly: Boeing sees fleet nearing 50,000 by 2044; cites post-pandemic supply chain woes

Word Count: 650 | Estimated Reading Time: 4 minutes


Global aviation forecast dips slightly: Boeing sees fleet nearing 50,000 by 2044; cites post-pandemic supply chain woes

The Boeing worldwide commercial aircraft fleet is projected to reach nearly 50,000 aircraft by 2044, with the majority manufactured during the upcoming two decades, as indicated in Boeing’s latest forecast published on Saturday.The total fleet will increase to 49,600 aircraft, slightly lower than Boeing’s previous yearly prediction, the company announced before the commencement of the Paris Air Show on Monday.Developing markets “with expanding middle classes, dynamic and competitive airline networks and sustained aviation investment” will constitute over half of the commercial fleet by 2044, increasing from about 40 percent in 2024, according to Boeing.The report highlights the impact of post-pandemic supply chain challenges. “The supply chain has probably had a small role in our slight reduction in deliveries over the next 20 years,” said Boeing vice president of Commercial Marketing Darren Hulst during a briefing last week, as quoted by AFP.This announcement preceded the Air India Boeing 787 Dreamliner crash in Ahmedabad on Thursday. In response to the incident, which claimed 279 lives, Boeing CEO Kelly Ortberg and commercial aircraft division head Stephanie Pope withdrew from the event.Boeing anticipates yearly passenger growth of 4.2 percent, surpassing the 2.3 percent annual GDP growth. “New aircraft deliveries haven’t been able to keep up with the demand,” Hulst said, estimating a “cumulative shortage” of approximately 1,500 to 2,000 aircraft. However, Hulst believes delivery rates to improve through the remainder of this decade.Of the 43,600 new aircraft needed through 2044, about 21,100 will substitute existing aircraft whilst 22,500 will address increasing demand in China and emerging markets. These statistics demonstrate substantial growth from 2004’s global fleet of 16,780 aircraft.The industry’s transformation is evident as the top 10 aviation firms in 2004 represented 45 percent of the global fleet, predominantly North American and European companies. Currently, the leading 10 companies comprise only 30 percent of the market, with increased representation from Asian and Middle Eastern organisations – regions previously unrepresented in the 2004 top rankings.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account