Japan's aerospace industry environment: Part 1 Production output of commercial passenger aircraft

 <There is still plenty of demand! >

    Before COVID-19, Boeing had about 6,000 orders for 2019, and about 5,000 backorders for the B737 alone. As the monthly production of the B737 was 52, it would take 8 years just to continue to build it without receiving additional orders. as the A320 series had a monthly production of 55 planes, it would take more than 10 years to produce them.

    In response to this huge demand, there was a wave of interest in entering the supply chain all over the world, and Japanese small and medium-sized companies had been participating in exhibitions around the world to see if they could somehow benefit from them.

    Talking of the impact of COVID-19 on both companies in 2020;

Dave Calhoun, President of Boeing, announced on July 29, 2020 that Boeing had 4,500 aircraft on order, although there were some cancellations.

https://boeing.mediaroom.com/news-releases-statements?item=130713

Airbus also announced on July 30, 2020 that it had 7,670 aircraft on order.

https://www.airbus.com/newsroom/press-releases/en/2020/07/airbus-reports-halfyear-h1-2020-results.html

    IATA expects that it would be around 2024 when the demand recovers to the same level as 2019. It means the demand will pick up again and super-capacity production will be required.

 

To be continued : ・・・・・・