The Current Issue.

 

Summary Data : Engines.   3

Summary Data : Aircraft.   6

Engines: First Half 2025 at a glance.     10

At the end of June there were fewer single-aisle engines on order than at the start of the year but more widebody engines and these have pushed the total number of engines on firm order up.

Industry Overview: The First Half 2025.     11

Despite a new aircraft backlog record in June, the engine order book at the end of the month was six engines lower than the record set at the end of September last year. The First Half aircraft order intake was the second largest for a First Half in the last 10 years and the engine order intake was an improvement on last year but less than half the First Half 2023 intake. Aircraft deliveries in the First Half of this year, as well as engine installs, were the largest for a First Half since 2019.

The Engine Order Book:      14

Over 30,000 engines on order once again at the end of June.

There have only ever been over 30,000 engines on order four times, three of which were last year. The number of engines on firm order dropped in October last year from the record set at the end of September and continued to drop until May this year. There was a further order book gain in June taking the order book to 30,052 engines, fractionally lower than the record and not much larger than the figure at the start of this year.

The Firm Jet Engine Order Book.   16

Single-aisle and Widebody engines on firm order.   20

Engines on firm order for each aircraft program.   24

Engine Variants on firm order.   25

The Total Engine Requirement for the entire aircraft backlog.   26

Engine Orders.   30

Engine Installs.  32

The Large Commercial Jet Aircraft Backlog :      38

Orders for widebodies have produced a new backlog record.

At the end of June the single-aisle backlog was 58 aircraft larger than at the start of the year while the widebody backlog was 373 aircraft larger, made up of 380 more passenger widebodies but seven fewer freighters. So far this year there have been orders for 488 widebodies, just over 40% of the total order intake.  The current passenger widebody backlog is the largest in years.

Orders for Large Commercial Jets :      52

More widebodies were ordered in the First Half than in the whole of 2024.

There were orders for 376 widebodies in 2024 and 488 in the First Half of this year. Demand for widebody aircraft has certainly picked up; in the two years to the end of June this year there were orders for 1,405 widebodies, more than twice the number ordered in the two years to the end of June 2023. Orders for single-aisle aircraft have also picked up. The First Half total this year is more than double the First Half total last year but it is less than half the 2023 First Half total.

Deliveries of Large Commercial Jets :     58

The largest First Half delivery total since 2019.

There were 596 deliveries in the First Half of this year, 95 more than in the First Half of last year, made up of 63 more single-aisle deliveries and 32 more widebody deliveries. This sounds promising, especially when one considers that the single-aisle total this year was just five aircraft short of the First Half 2023 total which was the largest for a First Half since 2018. Also, the widebody total this year was the largest for a First Half since 2019. It certainly looks as though production has picked up, at last, but all is not quite what it seems. Much of the gain comes from Boeing. Airbus has delivered fewer aircraft.

 

Aircraft Production Rates :   page 68

Engine Programs : The Firm Order Books:    page 70

Appendices:    pages 84 to 114.