Boeing to Meet Demand by 2030: Industry Outlook
Boeing is on track to meet the growing delivery demand for its commercial aircraft by 2030, according to Gediminas Ziemelis, chairman and founder of Avia Solutions Group—the world’s largest provider of ACMI and wet-lease services. Speaking after a visit to Boeing’s Seattle facilities and a ceremonial signing with Boeing Commercial Airplanes CEO Stephanie Pope, Ziemelis expressed strong confidence in Boeing’s ability to overcome current production hurdles.
At the ceremony, Dublin-based Avia Solutions Group formalized its order for up to 80 Boeing 737 MAX 8 aircraft, placing 40 firm orders and securing 40 additional options. This new deal not only cements the Group’s relationship with Boeing but also solidifies its strategic connection to the US market. In 2021, Certares Management and Knighthead Capital Management invested EUR300 million in Avia Solutions Group, underscoring the company’s significance in the global aviation services arena. With offices spanning Ireland, the USA, the UAE, Lithuania, Australia, Asia Pacific, and South Africa, Avia Solutions Group is a key partner for leading passenger and cargo airlines worldwide.
Ziemelis emphasized that, despite recent challenges, the industry is poised for a recovery. “I’ve seen first-hand as a customer that Boeing is turning the corner on its production issues. I anticipate a gradual return to 2018 production levels from both Airbus and Boeing as we progress through the rest of the decade. This year, and perhaps 2026, will be the last years when the industry will experience any real impact from missed deliveries. By 2030, I expect both manufacturers to have resumed normal operations,” he stated.
Both Boeing and its European rival Airbus have faced significant supply chain disruptions since the pandemic, which hindered their ability to achieve the record delivery numbers seen in 2018. In 2024, Boeing delivered 348 jets, leaving it with a backlog of over 5,500 unfilled orders. In contrast, Airbus managed to deliver 776 aircraft during the same period, falling short of its official target by just four deliveries. Despite these setbacks, Ziemelis is optimistic that production issues will gradually resolve over the next five years, allowing both manufacturers to return to normal production levels by 2030.
Ziemelis also noted that the critics who have questioned Airbus’s and Boeing’s capabilities during these challenging times are likely acting opportunistically, aiming to secure better deals amid the current supply chain issues. “The more vocal critics of Airbus and Boeing are likely being opportunistic, seeking to leverage current challenges for better deals. When we placed our inaugural direct order with Boeing last year, we did so based on our confidence in the aircraft and the company. This conviction remains unwavering,” he added.
The new order for Boeing 737 MAX 8 aircraft is a significant milestone for Avia Solutions Group. It demonstrates the Group’s continued commitment to expanding its fleet and its confidence in Boeing’s renewed production capacity. With the expectation that both Boeing and Airbus will resume their 2018 production levels by 2030, the aerospace industry appears poised for a steady recovery. As Boeing works diligently to meet the market’s demands, the full financial results for 2024 and detailed plans for 2025 will be disclosed on February 20, 2025, providing further clarity on the path forward for this pivotal period in aviation history.
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