Passenger Market Statistics

34.4M flights in 2023 - 6.05Bn seats

97% Economy - 5.87Bn seats

83.5% occupancy (*Airbus) - 4.90Bn passengers >>> growing to 8.35Bn by 2044 CAGR 6..35%

Estimated overnight volume: 1.63Bn passengers

Airframe Market Growth

Current World Fleet: 24,730 commercial aircraft, set to almost double to 49,220 over next 20 years

Aircraft: Demand for 43,420 new passenger and freighter aircraft

Complexion: Made up of 34,250 single aisle aircraft, including 970 freighters

Retirements: Replacing 18,930 older generation retired aircraft