Who is winning Aerospace's race for recovery - Airbus or Boeing?
Global demand for air travel has recovered significantly since the end of the COVID-19 pandemic, with the industry expected to reach or surpass pre-crisis levels by 2024, resulting in airlines transporting more passengers than ever before.
Airbus in particular is currently benefiting from this development with its A320neo family, while Boeing is facing challenges due to production problems with the B737 MAX series. The aviation industry continues to face global challenges while aiming for operational stability and net zero emissions by 2050.
While Boeing Is Struggling to Recover, Airbus Is Expanding Production
Airbus is excelling in aircraft orders and deliveries, notably with its A320neo family and preparing to increase the production rates further, while Boeing struggles to recover and is encountering hurdles with its B737 MAX series due to different quality problems and an intense involvement of the FAA.
The recovery of wide-body deliveries lags narrow-body jets for both manufacturers due to weaker intercontinental air travel post-COVID-19.
Shaping The Future of Aviation
Airbus is actively pursuing future projects like the A320 successor, A350 ULR, and Airbus ZEROe, emphasizing innovation and sustainability. Looking forward, the surge in air travel demand, is fueling the need for narrow-body jets. New narrow-body aircraft offer improved fuel efficiency and lower emissions, addressing economic and environmental concerns.
Achieving net-zero emissions by 2050 requires collaborative efforts, including significant contributions from the aviation supply chain. In summary, the aviation and aerospace industry continues to face global challenges but has largely recovered from the COVID-19 crisis.
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Michael Santo
Steffen Wenzel
