Crisis of Boeing airline industry The airline industry around the world, which was devastated by the Corona epidemic, has begun to turn ar...
Crisis of Boeing airline industry
The airline industry around the world, which was devastated by the Corona epidemic, has begun to turn around. Orders for commercial and military aircraft accessories are on the rise.
U.S. aircraft maker Boeing says the global aircraft market will be worth 9 9 trillion over the next decade. In 2020 it was over eight and a half trillion dollars and in 2019 it was over eight and a half trillion dollars. In August, Boeing's aircraft orders increased slightly, and air travel began to return to normal.
Orders for 30 aircraft were canceled in August, but new orders were received for 23 commercial aircraft. Of the orders, 28 were Boeing 737 Max Ls, unfortunately for Boeing. Boing received an order for 1000 aircraft in 2018.
Boeing's reputation has plummeted after two horrific plane crashes. The rise of the 767 Max, one of the commercial aircraft, was shut down for almost two years, and Boeing is now building more 787s. Last month, Boeing delivered 22 aircraft, while rival Airbus from Europe delivered 40 aircraft.
Boeing authorities say their two-year revenue has plummeted, and commercial aviation will not be normal before 2023 or 2024.
In the United States, 1.8 million passengers traveled by air in August this year, up from 60 million in 2020 but 2,400,000 in August 2019.
However, air communication is faster than normal by land border communication. Many countries still have restrictions on international travel. According to the International Air Transport Association, domestic travel increased by 84 percent in July this year, while international travel increased by 26 percent.
Boing's fortunes have returned somewhat since the epidemic. Company officials say Boeing will need 19,000 new aircraft to replace the old ones by 2030, as demand for air travel in Asia will increase significantly during this time. Boeing will need 626,000 engineers worldwide over the next 20 years to operate these aircraft.
The international carrier IATA says the number of passengers traveling by air fell 60 percent or 180 million last year. The global aviation sector lost 12.6 billion.
The United Nations says the aviation sector is important for the global economy.
The United Nations International Civil Aviation Organization says three and a half percent of the world's economy depends on the sector. 665 lakh people are involved in this sector in various ways all over the world.
The US airline says the aviation sector will need 43,680 new aircraft over the next 20 years with a market value of over 700 700 million. China will be the world's largest aviation market, surpassing the United States in meeting the needs of the Middle East and Asia.
Four thousand planes are still idle around the world due to reduced air travel. The amount of greenhouse gases in the atmosphere will increase by 2 percent in the next 20 years due to air travel.
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report by faltu news team
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