July 16, 2013
Air transport is part of the economic and social fabric of Europe and is strictly intertwined with economic growth. As Boeing’s Commercial Market Outlook (CMO) illustrates, the aviation sector will grow in Europe over the next 20 years, with European airlines forecast to acquire 7,460 new airplanes valued at US$1.02 trillion. Growth will be slower in Europe than in other regions, but Europe will nonetheless account for 20 percent of new aircraft deliveries over this period.
European airlines continue to reduce their environmental impact by replacing older, less-efficient airplanes with newer technology aircraft. By 2031, Boeing projects, more than 93 percent of planes operated by European airlines will have been delivered since 2011.
EU policies have a direct effect on this growth for Europe and we all have a common interest in promoting fair and efficient policies that can effectively balance legitimate environmental concerns with growth and safety, while maintaining a global perspective on aviation issues.
Being environmentally progressive is a key strategy for Boeing both in the interest of the environment and airline customers. Aviation is the only industry that has developed and is implementing a unified plan to reduce its CO2 emissions, and it has actively engaged the International Civil Aviation Organisation in developing a comprehensive global approach to mitigating aviation’s environmental impact. The strategy involves using less fuel through the introduction of more efficient airplanes and improved air traffic management and operational procedures, and changing the carbon intensity of the fuel itself through development of sustainable aviation biofuels.boeing