Held under the patronage of H.H. Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Chairman of Dubai Airports, Chairman and Chief Executive of Emirates Airline and Group
A Decade of Aviation: Growth, Setbacks, and the Future
According to Oliver Wyman's Global Fleet & MRO Forecast 2022–2032, the aircraft sector is expected to recover after grappling with COVID for more than two years. However, when pent-up global demand drives air travel back to pre-pandemic levels by 2023, the industry will face both rising carbon dioxide emissions and a lack of efficient measures to reduce them. The research, now in its third decade, dives into commercial aircraft deliveries and inventories, as well as aerospace production, to provide a comprehensive picture of the commercial fleet's size and composition for the next ten years. According to the forecast, growth is expected in both global and regional contexts. It also considers the fleet's maintenance, repair, and overhaul (MRO) requirements. The report's key aspects portray a favourable picture of the sector; however, larger difficulties ahead will put the industry's genuine resilience to the test, as will finding solutions for climate action.