1、Copyright 2023 Boeing.All rights reserved.|BOEING PROPRIETARY|CSM-PM&A|01JAN23 Proprietary:The information contained herein is proprietary to The Boeing Company and shall not be reproduced or disclosed in whole or in part except when such user possesses direct written authorization from The Boeing C

2、ompany.The statements contained herein are based on good faith assumptions are to be used for general information purposes only.These statements do not constitute an offer,promise,warranty or guarantee of performance.Darren HulstVice President,Commercial MarketingCommercialMarketOutlookThe statement

3、s contained herein are based on good faith assumptions are to be used for general information purposes only.These statements do not constitute an offer,promise,warranty or guarantee of performance.June 15,2023Copyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 Copyright 2023 Boeing.Al

4、l rights reserved.|CSM|DAH|CMOROLL|15JUN23 Industry recovery progressing broadly as anticipatedSOURCE:IATA data through April 2023,compared to April 2019 levels-100%-80%-60%-40%-20%0%RPK vs 2019 in%IndustryDomesticInternationalCMO 2020Recovery through April 20232020Industry metric202350%Passenger fl

5、ights97%25%Passenger traffic90%2023/2024Passenger recovery2023/20244%Long-term traffic growth4%Accelerated(4-5%)Airplane retirement outlookDelayed(1-2%)Copyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 Copyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 Passenger mark

6、et nearing pre-crisis levels of activityPassengerfleet(active)97%Passengerflights97%Passengercapacity92%Passengertraffic90%SOURCES:Cirium Fleets Analyzer,FR24,IATA;all values for April 2023 vs.April 2019Copyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 Single-aisle back to growth,wi

7、debody recovery at 85%020406080100120Asia PacificAfrica&Middle EastEuropeAmericasSingle-aisleSOURCE:Cirium Diio,ASMs in billions for June of each year020406080100120Asia PacificAfrica&Middle EastEuropeAmericasWidebody201920232015Copyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 2020

8、20224Global CPI202020224USEurozoneJapanPolicy interest ratesEconomic fundamentals steady despite slowing growthConsumption resilientInflation improvingFinancial sector sound2020202120222023US services consumptionSOURCES:US BEA,S&P Global Market Analysis,Boeing AnalysisCopyright

9、 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 Demand not constraining recoveryPolicyharmonizationLaboravailabilitySupply chainstabilityCopyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 00500600700up to 22 to 55 to 1010 to 2020 to 3535 to 7070+Global middle inc

10、ome household growth supports air travel demandSOURCES:Oxford Economics,Boeing AnalysisHouseholds(millions)500 millionHousehold growth in the“global middle”and aboveHousehold income(2015 US$in 000s)20202040Copyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 Airfares are rising but les

11、s than other leisure and travel categories80000042005200620072008200920000022AirfareFoodLodgingSportsMoviesIndex(2000=100)SOURCE:US BLSCopyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 Air travel adds value

12、 on longer trips020406080947020004200520062007200820092000019BillionsCapacity(Available Seat Miles)SOURCES:OAG&Cirium Diio500 miles+5.1%annuallyCopyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 Airline and

13、network trendsLCCgrowthNetwork flexibilityCabinoptimizationNetzeroCopyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 LCCNetworkLow cost carriers leading single-aisle fleet growth200220222042Copyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 6X2.5XCopyright 2023 Boeing

14、.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 Airlines adapting to evolving demandCopyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 90%95%100%MondayTuesdayWednesdayThursdayFridaySaturdaySunday%of peak day frequencies20192023SOURCE:Cirium Diio,average seat share of week 3 of each mon

15、thCopyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 Versatility broadening passenger widebody networks54460262800500More widebody airportsacross a wide range of missionsSOURCE:Cirium Diio,mission distances in kilometersCopyright 2023 Boeing.All rights reserved.|CSM|DAH|CM

16、OROLL|15JUN23 Copyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 Airlines deploying more premium cabin seating5%8%10%11%5%9%12%14%domesticinternationaldomesticinternationalSingle aisleWidebody20192023DomesticInternationalDomesticInternationalSingle-aisleWidebodySOURCE:CiriumCopyright

17、 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 SOURCE:IATASOURCE:FlightRadar24,June 2023Airlines prioritizing sustainability initiativesFleet renewalIncreased SAF sourcing300+130+57Technology investmentmillion liters produced in 2022renewable fuel projects announcedofftake agreements anno

18、unced since 2022MD80/717A320ceo737NG747/A380767A330-75%-50%-25%0%Decline in active fleet since 2019Fleet trendsSimplificationPent-up replacementRegional jet headwindsDisruptive technologyCopyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 Copyright 2023 Boeing.All rights reserved.|CSM

19、|DAH|CMOROLL|15JUN23 Airlines simplifying fleetsNumber of airplane families removed123+75airlines phased outat least one familyfrom their active fleet2019 to 2023SOURCE:Cirium,in-service aircraft for airlines with 30 active airplanesCopyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23

20、Storage10%Long Storage10%Status 2019NewIn Service90%In Service84%Short storage 6%RetiredLong storage 10%Status 2023Fleet renewal underwaySOURCES:Cirium Fleets Analyzer and Boeing Analysis*1%of 2019 has been converted to freighters Copyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 Co

21、pyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 Single-aisle fleet renewal gaining momentum03006009001,2001,5002013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023BillionsGlobal scheduled single-aisle capacity(ASKs)SOURCE:Cirium Diio,ASKs=Available Seat KilometersOlder generationR

22、ecent generationCurrent generation 21%Copyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 Regional jet capacity challenges00500600700Small marketsMedium marketsLarge markets-14%-21%-48%Number of routes flown on regional jet by market sizeSOURCES:Cirium Diio,US airline major

23、sPre-pandemicCurrentCopyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 Disruptive investment below jet marketsMETRIC:Share of projectsSOURCES:Roland Berger,McKinsey$16 BillioninvestedAirportAirport200 miles&19 seatsAirportAirport200 miles&19 seatsAir Taxis Inter UrbanComplementary ap

24、plications to airline business models and travel experienceJets and turboprops90 seats=2%of global,so minimal impact to single-aisle jet forecast Copyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 Copyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 30,00045,00060,00075

25、,000-25%-15%-5%5%15%25%35%2008 Q12009 Q12010 Q12011 Q12012 Q12013 Q12014 Q12015 Q12016 Q12017 Q12018 Q12019 Q12020 Q12021 Q12022 Q12023 Q1Cargo Tonne Kilometers(CTKs)Change,%Air cargo:long-term growth amid cyclical volatilityWorld CTKs(000)+3.5%annuallyCopyright 2023 Boeing.All rights reserved.|CSM|

26、DAH|CMOROLL|15JUN23 Trade growth volatile near-term,outperforming GDP over time200222023202420252026202720282029203020334203520362037203820392040SOURCES:S&P Global GTAS Forecasting,Boeing AnalysisTrade+90-95%3.0%annual growthGDP+70%2.6%annual growthCopyright 2023 Boeing.All rig

27、hts reserved.|CSM|DAH|CMOROLL|15JUN23 Evolving supply chains support air cargo growth0500VietnamThailandMalaysiaEast Asia tonnes to US,thousands84%79%101%SOURCE:US Department of CommerceCopyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 E-commerce boosting express freighte

28、r fleets20Freighter aircraft operated by or for express carriers and e-commerce companiesAdded 2020-2022SOURCE:Cirium Fleet Analyzer20+%growthCopyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 260 billion2022630 billionby 2042Steady long-term forecast driven by fundamental

29、sUS$92T2022US$155Tby 20426 trillion202220 trillionby 204224,500202248,600by 2042World economy(GDP)Passenger traffic(RPKs)Cargo traffic(RTKs)Fleet(jets)SOURCE:Boeing CMOCopyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 Air travel demand drives passenger fleet needsIncreasing regional

30、 traffic balanceDiverse growth/replacement needs01,0002,0003,0004,0005,0006,000AmericasEurasiaAsia PacChinaAfrica&Middle East02,0004,0006,0008,00010,00012,00014,000AmericasEurasiaAsia PacChinaAfrica&Middle East2022 traffic2042 traffic2042 fleet2022 fleetNOTE:Eurasia includes Europe,Russia and Centra

31、l Asia SOURCE:Boeing CMOCopyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 Airlines will need 42,595 new airplanes over 20 years9257,44032,4201,810Regional jet4%Single-aisle76%Freighter2%Widebody18%Asia PacificEurasiaNorth AmericaChinaMiddle EastAfricaLatin AmericaBy typeBy regionCop

32、yright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 SOURCE:Boeing CMOCopyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 Future fleet would be 20%larger without productivity improvements0100200300Single-aisleSmall/medium widebody+7%+6%20222027203220372042Higher average sea

33、tingIncreasing total fleet productivity20222042FleetSOURCE:Boeing CMOCopyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 Global fleet will double,with half of deliveries for replacement24,500(active)6,00021,00021,00048,5752022 FleetRetained FleetReplacementGrowth2042 Fleet010,00020,00

34、030,00040,00050,0002,500 excess parkedSOURCE:Boeing CMOCopyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 Standard-bodyMediumwidebodyLarge widebody01,0002,0003,0004,0002022Freighters2042Freighters2,2703,745Fleet6508851,290Deliveries2,825Growing freighter fleet supporting supply chain

35、s,express demandCopyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 SOURCE:Boeing CMOCopyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23 Growth and replacement drive services and labor needsParts&Distribution Services39%Maintenance,Repair,Overhaul&Modifications30%Digita

36、l Solutions&Analytics26%Training&Pilot Services5%$3.8T in Services2,277,000 New PersonnelSOURCE:Boeing;forecast period 2023-2042Americas24%Eurasia23%Asia Pacific21%China19%Africa&Middle East13%0777-9777-8787-9787-8737-10737-8,-8-200737-7777Xthe next long-haul market leader787the only complete widebody family737the most versatile single-aisle familyVersatility key to future aircraft market needs787-10Seats737-9200Copyright 2023 Boeing.All rights reserved.|CSM|DAH|CMOROLL|15JUN23