Boeing: Current Market Outlook 2016-2035

October 25, 2016

Europe’s aviation market remained strong in 2015 despite significant economic uncertainties. Europe’s GDP grew by 1.9 percent in 2015 and is forecast to grow by 1.8 percent annually through 2035. The European aviation market is expected to grow during the next 20 years, with airlines forecast to acquire more than 7,500 new airplanes valued at over $1.1 trillion. Single-aisle airplanes will comprise the majority of deliveries, representing a 78 percent share of total deliveries.

Spotlight

LuxairGroup

The group runs four major activities. Luxair Luxembourg Airlines, the Luxembourg flagship carrier offers convenient connections to the biggest European Cities, business centres and international hubs and provides services for business and leisure customers alike. The tour operating division, LuxairTours, proposes a wide range of package holidays in cities or seaside resorts, round trips and holiday flights to about 40 destinations. LuxairCARGO, the specialist in air freight handling holds a central role in international exchanges thanks to cutting-edge infrastructure and a storage capacity of more than one million tons. Specialising in airport services, LuxairServices takes care of on-board catering, passenger and aircraft assistance for Luxair Luxembourg Airlines but also for any other airlines present or stopping over at Luxembourg airport.

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