To appreciate just how dynamic the global aerospace market remains, take a look at Germany.
Boeing Inc. certainly is.
The aerospace manufacturer is projecting the delivery of more than 900 new airplanes in Deutschland during the next two decades.
According to Boeing, single-aisle airplanes will dominate deliveries to the German market, with carriers requiring 620 single-aisle jetliners valued at approximately $43 billion.
Additionally, Boeing reports, "German airlines will need 170 twin-aisle airplanes valued at $34 billion. In terms of dollar value, this segment will make up nearly 40 percent of the total volume."
And German airlines will require approximately 70 airplanes the size of the 747 or larger, at a value of $20 billion.
"Single-aisle and twin-aisle airplanes seating 100 passengers or more account for 85 percent of the future market demand in units and 78 percent in terms of value in Germany," says Drew Magill, director, Marketing, for Boeing Commercial Airplanes. "These airplanes will serve the growing demand for nonstop flights, connecting an increasing number of city pairs.
"New products such as the 787 and the 747-8 will benefit the region with enhanced environmental performance, passenger comfort and efficiency," Magill says.
By 2026, Boeing reports, new-technology airplanes delivered since 2007 will...