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Bloomberg
Deliveries of commercial aircraft over the next ten years will be 30% lower than previously forecast, Aviation Week Network said in a video conference.
The prediction spans regional jets to widebody planes, and the latter will be hardest-hit, Aviation Week analyst Dan Williams said on the call.
Covid-19 pandemic has battered demand for air travel, with most industry participants seeing a slow recovery. New forecast for widebody aircraft is for just over 2,500 jets to be delivered, down from an earlier prediction of about 4,300, a decline of more than 40%. Operators around the world will likely retire most twin-aisle jets with four engines, barring younger Boeing Co 747-8I models and some Airbus SE A380s that airlines like Emirates will continue to fly.
Nico Buchholz, an advisor to the company, said fuel and noise emissions will also play a role and airlines may think twice about paying for a major check that may be upcoming, or about refurbishing a cabin.