, 2022-12-14 12:17:44,
Westford, USA, Dec. 14, 2022 (GLOBE NEWSWIRE) — Aircraft engines are in high demand due to the growing popularity of air travel. airlines are expanding their fleets to keep up with the demand, and new aircraft are being delivered with ever-more powerful engines. The most popular type of aircraft engine is the turbofan, which powers the majority of commercial airliners in the global aircraft engine market. These engines are highly efficient, and can generate a great deal of thrust. They also tend to be very reliable, which is critical for safety. Turbofan engines are typically made by large companies such as General Electric, Rolls-Royce, and Pratt & Whitney. These companies have decades of experience in designing and building aircraft engines, and they continue to invest heavily in research and development.
The global aircraft engine market is currently in a period of strong growth, driven by a growing demand for air travel and new aircraft deliveries. This has led to a boom in the demand for aircraft engines. The global demand for air travel is expected to nearly double over the next 20 years, from 4.2 billion passengers today to 9 billion by 2037. This will lead to a corresponding increase in the number of aircraft in service, from 23,000 today to more than 41,000 by 2037. This growth will be driven by emerging markets, which are expected to account for 70% of new passenger traffic over the next 20 years. Wherein, the next generation of commercial aircraft, such…
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