| As we study the future of world markets, we | | | | other locations. With these aging aerospace |
| see a very nice future for air freight. By | | | | workers it will most likely mean a need for |
| 2025 we will most likely see an 85% increase | | | | newer entrants into that labor force. We |
| and that will mean converting older aircraft | | | | would also say that 40% of such growth would |
| and retrofitting them. And it will mean good | | | | be to service North America and her growing |
| things for Boeing and Airbus.I expect many | | | | middle class as they partake in products from |
| current aircraft flying passengers and taken | | | | world markets.With this increase we could |
| out of capacity as this current sector | | | | expect the current 1700 plus air freight |
| rotation rounds out (fuel prices will | | | | fleet to grow to over 3200 by 2025. Although |
| increase that) and new more efficient | | | | these are long-term predictions they do |
| aircraft come onto the scene. I predict that | | | | account for normal cycles such as 15 year |
| 66% of the growth will come from conversion | | | | cycles or 2-3 year economic cycles. Also GE |
| of current passenger aircraft while there | | | | will benefit along with component makers of |
| will be 33% new aircraft which do not require | | | | aircraft parts.Even with the competition from |
| pilots at all. Flying freight around the | | | | Airbus we will see factories on US soil as |
| world.This will mean a market of over 170 | | | | well as components being made in other Asian |
| Billion in retrofits and new aircraft for | | | | markets, meaning the entire world will |
| people like Pimco and Timco and others. If | | | | benefit from this sector in the next |
| you look at these numbers you can see a | | | | two-decades.Lance Winslow - Online Think Tank |
| future for laid off aerospace workers from | | | | forum board. |
| Everett, Wichita, Dayton, Long Beach and | | | | |