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Boeing Projects $2.8 Trillion Market for New Commercial Airplanes
LONDON-Boeing forecasts a $2.8 trillion market for new commercial airplanes over the next 20 years. These new airplanes will accommodate a forecasted 5% annual increase in passenger traffic, and a 6.1% annual increase in air cargo traffic.The 2007 Current Market Outlook report, at http://www.boeing.com/commercial/cmo/, is Boeing’s world view of air travel over the next 20 years.
“Air travel is going to continue to grow, driven by economic growth, world trade, liberalization, and by the availability of new, more capable and more efficient airplanes,” says Boeing Commercial Airplanes Vice President, Marketing, Randy Tinseth. “This growth will occur in an environmentally responsible and accountable manner that addresses greenhouse gas reduction efforts with progressive new aircraft and increased operational efficiencies in the air transportation system.”
The Boeing outlook calls for a market of 28,600 new commercial airplanes (passenger and freighter) by 2026, with a much more balanced demand in aircraft by region over the forecast period.
On a delivery-dollar basis, the largest market is projected to be the Asia-Pacific region, with 36% of the $2.8 trillion total. North America will make up 26% of the delivery dollars, and Europe, Russia, and the CIS (Commonwealth of Independent States) will make up a total of 25%. Deliveries to airlines in Latin America, the Middle East, and Africa will represent the remaining 13% of the delivery dollars between 2007 and 2026.
NTS Fullerton Increases Aerospace Test Capabilities
FULLERTON, CA-National Technical Systems Inc., a provider of engineering services to a variety of industries, announces the addition of a high-power variable frequency programmable power supply capability at their Fullerton, CA, test laboratory.The AC/DC programmable power supply is capable of supplying 90 kilowatts. This capability is necessary to support RTCA/DO-160D/E, MIL-STD-704D/E and ABD0100.1.8 (Airbus) requirements.
“This significant investment by NTS in the expanded power supply will allow us to provide clients with 400 and 800 hertz power,” says Dwight Moore, chief operating officer. “NTS Fullerton is now one of the few U.S. locations able to conduct this type of testing, which is vital for suppliers to Boeing and Airbus.”
PCB Opens Direct Sales Office in UK
DEPEW, NY-Sensor maker PCB Piezotronics Inc., a PCB Group Co., has established PCB Piezotronics Ltd., a direct sales office to serve customers in the United Kingdom. Located in Hitchin, Herts, PCB Piezotronics Ltd. will provide direct sales and customer support for all of PCB Piezotronics and IMI Sensors product lines, as well as focused specialty product and program support in the areas of aerospace, defense, test and measurement, and automotive applications.Notes PCB Vice President of Sales and Marketing Kevin Cornacchio, “To meet the growing needs and requirements of customers in the United Kingdom and reinforce our global commitment to total customer satisfaction, PCB has opened an additional European sales office, devoted specifically to customers in this geographic region. PCB Ltd. will serve our customers with more direct support, for both standard and specialty products, as well as provide added benefits of improved service and deliveries.”
Meggitt PLC Forms Sensing Division
BOURNEMOUTH, UNITED KINGDOM-Meggitt PLC, a global group of companies engaged in the design and manufacture of high- performance components and systems for aerospace, sensing and defense applications, announces the formation of a new Meggitt Sensing Systems division. The division has been formed by merging the Meggitt Aerospace Systems and Meggitt Electronics groups into a single entity that aligns companies in the sensing industry with related products, services and applications.The new division will be led by Dr. Richard Greaves, a 30-year industry veteran and most recently the managing director of Meggitt Aerospace Systems.
“Meggitt Sensing Systems is a natural and timely evolution of our sensing businesses that blends the unique capabilities and outstanding market positions of our electronics and aerospace groups,” says Meggitt PLC CEO Terry Twigger. “By joining forces, they will create the pre-eminent group in this field in the world with manufacturing and engineering capability on three continents, unparalleled technical resources, leading positions in our key markets and a much stronger marketing capability.”
