The 2016 Flight Fleet Forecast predicts the delivery of 42,800 new commercial passenger and freighter aircraft over the next 20 years. This drives a market for 86,500 installed engine deliveries, with the fleet in service growing from just over 60,000 engines to 103,000 in 2035.
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The aerospace market is currently in the middle of introducing a significant number of new and re-engined aircraft programmes, with a consequent generational shift from well-established engine types to new families, which has a major impact on the engine aftermarket.
Source: FlightGlobal.com
