The latest issue is Q4/Year-end 2024.
Italic text denotes tables and charts in each section of the issue.
Contents as follows:
INDUSTRY OVERVIEW.
Both the year-end aircraft backlog and the year-end engine order book were the largest ever last year but not the largest they have ever been; more aircraft and engines were on order at some other point during the year. After the record order intakes of 2023, orders last year were always going to be lower chiefly because most of the large airline and leasing customers were fully ordered, or nearly so. Over 2,400 fewer aircraft and nearly 4,500 fewer engines were ordered than in 2023. But the big problem in 2024 was production. Airbus and Boeing both had supply chain issues but Boeing also had the FAA oversight and a strike. There were 137 fewer aircraft deliveries and 276 fewer new engine installs than in 2023.
Large commercial jet aircraft and large civil jet engines on firm backlog at year-end (2014-2024).
Annual orders for large commercial jet aircraft and engines (2014-2024).
Annual large commercial jet deliveries and engine installs (2008-2024).
THE ENGINE ORDER BOOK.
There were 276 fewer engine installs last year.
It was the first time annual engine install numbers had dropped since 2020 and it was also the first time since 2020 that both single-aisle and widebody install numbers had dropped. By the end of last year there had been 162 fewer single-aisle and 114 fewer widebody engine installs than in 2023. There were also far fewer engine orders last year and the increase in the number of engines on firm order was propped up only by an increase in the number of widebody engines on order.
The engine manufacturers’ year-end order books (2019-2024),
The Firm Jet Engine Order Book (each engine program).
Single and Widebody aircraft engines on firm order.
Engines on firm order for single-aisle aircraft.
The shares of the single-aisle engine order book.
Engines on firm order for widebody aircraft.
The shares of the widebody engine order book.
Engines on order for each aircraft program on Dec 31, 2024.
Engine variants on firm order.
The Total Engine Requirement for all aircraft on firm backlog.
To Be Decided – aircraft without engine selections on December 31, 2024.
Annual orders for single-aisle aircraft engines (2014-2024).
Annual orders for widebody aircraft engines (2014-2024).
Annual Orders by manufacturer (2019-2024).
Annual single-aisle and widebody engine installs (2014-2024).
The engine manufacturers’ annual engine installs (2019-2024).
Annual installs (individual engine programs) 2019-2024.
Quarterly Engine Installs.
THE LARGE COMMERCIAL JET AIRCRAFT BACKLOG.
It was a record year-end backlog.
But it wasn’t the largest ever backlog. That was at the end of October. At the end of last year there were just 75 more aircraft on backlog than at the start of the year. This was made up of 106 fewer single-aisle aircraft but 181 more widebodies. Airbus, Boeing and COMAC all had fewer single-aisles on backlog than at the start of last year but Airbus had 126 more passenger widebodies and five more freighters on backlog. Boeing had 32 more passenger widebodies and 18 more freighters on backlog.
Monthly backlog of major aircraft programs.
Backlog development of all aircraft programs.
Single-aisle and widebody aircraft backlogs.
Single-aisle backlog change by manufacturer.
The share of the single-aisle backlog, by aircraft program.
Passenger widebody backlog change by manufacturer.
The share of the passenger widebody backlog, by aircraft program.
The widebody freighter backlog.
ORDERS FOR LARGE COMMERCIAL JET AIRCRAFT.
The 2024 order intake was 60% lower than in 2023.
The aircraft order intake in 2023 was the largest annual intake ever and it was rather unlikely that the 2024 intake would be anywhere near as large. In the event it was over 2,400 aircraft lower than in 2023 but another aspect to this is that nearly 5,300 aircraft have been ordered in the last two years, not quite as many as were ordered in the previous four years put together, but close enough.
Annual orders for single-aisle and widebody aircraft (2013-2024).
The manufacturers’ annual aircraft orders (2018-2024).
The manufacturers’ gross and net orders in 2024.
Gross and net orders in 2024 by aircraft program.
Monthly orders for large commercial jets (Dec 2023 – Dec 2024).
Quarterly orders for large commercial jets (Q4 2018 – Q4 2024).
Quarterly orders for single-aisle aircraft (Q4 2019 – Q4 2024).
Quarterly orders for widebody aircraft (Q4 2019 – Q4 2024).
DELIVERIES OF LARGE COMMERCIAL JET AIRCRAFT.
There were 137 fewer deliveries last year than in 2023.
The delivery total of 1,128 aircraft last year was the lowest annual total since 2021 and the third lowest in over 10 years. Airbus and Boeing have both had supply chain problems but Boeing has also had to contend with FAA oversight of production and then a strike. The U.S. manufacturer delivered 348 aircraft last year, the lowest total since 2021 and 180 fewer than in 2023. Airbus delivered 766 aircraft last year, the largest annual total since 2019 but only 31 aircraft more than in 2023. COMAC delivered 14 aircraft last year, 12 more than the previous year.
The manufacturers’ annual single-aisle and widebody aircraft deliveries (2018-2024).
Annual single-aisle and widebody aircraft deliveries (2013-2024).
Annual aircraft deliveries, by aircraft program (2019-2024).
Monthly deliveries in 2024 by aircraft program.
Quarterly deliveries of single-aisle and widebody aircraft (Q4 2021 – Q4 2024).
Quarterly deliveries of individual aircraft programs (Q4 2022 – Q4 2024).
AIRCRAFT PRODUCTION RATES.
This table shows aircraft deliveries, by program, from 2018 (the record year) to 2024 and the projected number of deliveries in 2025. It is followed by a full page of Production Rate Notes which shows each program and the current production rate, typically monthly but sometimes quarterly. The programs are the commercial aircraft programs of Airbus, Boeing, ATR, COMAC and Embraer. No data has been available on the Russian UAC Irkut MS-21 or SuperJet (suspended) for some time.
ENGINE PROGRAMS -THE FIRM ORDER BOOKS.
Tables for each engine program showing customers, the aircraft on order and the number of engines they have on firm order. The period of the tables is quarterly, from December 2023 to December 2024.
CFM International: CFM56-5B, CFM56-7BE, LEAP-1A, LEAP-1B, LEAP-1C.
GE Aerospace: CF6-80, GE90, GE9X, GEnx.
Pratt & Whitney: PW4000, PW1100G, PW1400G, PW1500G.
Rolls-Royce: Trent 700, Trent 7000, Trent 1000, Trent XWB.
APPENDICES.
Appendix 1. Orders for Large Commercial Jet Aircraft in the most recent quarter.
Appendix 2. Orders for Large Civil Jet Engines in the most recent quarter.
Appendix 3. Deliveries of Large Commercial Jet Aircraft in the most recent quarter.
Appendix 4. Installs of Large Civil Jet Engines in the most recent quarter.
Each Appendix shows customer, the aircraft ordered, the engine selection and the number of engines.
Where no engine selection has been made, these are shown as To Be Decided (TBD). There is a table showing the number of TBDs each customer has in The Engine Order Book section.