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Boeing Company (the) — The Boeing Company — Investor Presentation (September 2021)

28 slides from Boeing Company (the)'s investor presentation, Sep 13, 2021

  1. Slide 1: 2021 Commercial Market Outlook

    2021 Commercial Market Outlook Darren Hulst | Vice President Commercial Marketing The statements contained herein are based on good faith assumptions are The Boeing Company to be used for general information purposes only. These statements do not constitute an offer, promise, warranty or guarantee o

  2. Slide 2: Near-term market dynamics: demand, supply, regulation

    Near-term market dynamics: demand, supply, regulation Passengers Health Demand Confidence Affordability Governments Travel regulation Sustainability Infrastructure Airlines Regulation Supply Workforce Fleet decisions Capital Copy right © 2021 Boeing. All rights reserved. | CSM-DAH | 2021CMOROLL | 13

  3. Slide 3: Economy has recovered to pre-crisis levels

    Economy has recovered to pre-crisis levels GDP level in % of 4Q 2019 Global GDP, real in USD 2025 GDP % above 2019 levels 100,000 forecast/actuals as of January 2020 2021-Q2 forecast/actuals as of July 2021 Asia Pacific 95,000 Middle East 90,000 World 85,000 Africa North America 80,000 Latin America

  4. Slide 4: COVID restrictions key to air traffic developments

    COVID restrictions key to air traffic developments United States Germany China Flight Operations Restrictions Flight Operations Restrictions Flight Operations Restrictions 30,000 90 3,000 90 16,000 50 80 80 45 14,000 25,000 2,500 40 70 70 12,000 35 20,000 60 2,000 60 10,000 30 50 50 15,000 1,500 8,0

  5. Slide 5: Multi-speed recovery assumptions largely unchanged from CMO 2020

    Multi-speed recovery assumptions largely unchanged from CMO 2020 140% Domestic markets lead 120% DOMESTIC Economic recovery 2022 LONG-HAUL LCCs recover fastest 100% Vaccine efficacy 1 2 3 2024 Pent-up demand REGIONAL 80% 2023 Single-aisle resilience Virus spread 60% Hubs support long-haul Travel res

  6. Slide 6: Commercial aviation market outlook trends

    Commercial aviation market outlook trends Replacement Resilience Versatility Fleet renewal Travel demand Capability Sustainability Market diversity Network flexibility Efficiency Innovation Commonality Copy right © 2021 Boeing. All rights reserved. | CSM-DAH | 2021CMOROLL | 13SEP21

  7. Slide 7: Commercial aviation relentless drive for efficiency

    Commercial aviation relentless drive for efficiency US airline fuel efficiency index to 1991 US airline productivity 1991-2019 2.00 100% 90% 1.75 80% US airline 70% RPK/gallon 1.50 60% 50% 1.25 40% 30% US automobile 1.00 20% miles per gallon 10% 0.75 0% Pax/ Aircraft Avg. Fuel 1991 1999 2001 2011 20

  8. Slide 8: Retirements tracking prior downturn trends

    Retirements tracking prior downturn trends Announced Not flying Formally retired 1,500+ 4,000-5,000 ~450 Copy right © 2021 Boeing. All rights reserved. | CSM-DAH | 2021CMOROLL | 13SEP21

  9. Slide 9: Fleet renewal provides significant cost savings & environmental benefits

    Fleet renewal provides significant cost savings & environmental benefits; 3,000+ aircraft ready for near-term replacement Fuel savings Cost savings CO2 reduction $9B $16B 36M tonnes per year per year per year Copy right © 2021 Boeing. All rights reserved. | CSM-DAH | 2021CMOROLL | 13SEP21

  10. Slide 10: Rapid traffic recovery in markets where travel restrictions able to ease

    Rapid traffic recovery in markets where travel restrictions able to ease July Domestic July International 84% 26% of 2019 of 2019 SOURCE: IATA Copy right © 2021 Boeing. All rights reserved. | CSM-DAH | 2021CMOROLL | 13SEP21

  11. Slide 11: Versatile fleets remain most active

    Versatile fleets remain most active Single-aisle fleet status 6,000 5,000 Parked Mid-size single-aisles Parked Active Active 4,000 70% of active fleet 3,000 2,000 ~90% active 1,000 0 A319 A320 A321 737-700 737-800/-8 737-900/-9 SOURCE: Cirium Copy right © 2021 Boeing. All rights reserved. | CSM-DAH

  12. Slide 12: Versatile twins drive dynamic long-haul networks

    Versatile twins drive dynamic long-haul networks New long-haul routes since fall 2019 by airplane type Airplane types flying 2019 four-engine routes today 50 180 45 160 40 140 35 120 30 100 25 80 20 60 15 40 10 5 20 0 0 787 777 A330 767 A350 787 / 777 A330 / A350 4-engine Not served SOURCE: Cirium/D

  13. Slide 13: Why we travel

    Why we travel Family & friends Exploration Customer connections Copy right © 2021 Boeing. All rights reserved. | CSM-DAH | 2021CMOROLL | 13SEP21

  14. Slide 14: 20-year forecast: long-term fundamentals remain intact

    20-year forecast: long-term fundamentals remain intact Growth rates from 2019 base year World economy Passenger traffic Cargo traffic Fleet growth (GDP) (RPK) (RTK) (jets) 2.7% 4.0% 4.0% 3.1% Copy right © 2021 Boeing. All rights reserved. | CSM-DAH | 2021CMOROLL | 13SEP21

  15. Slide 15: First decade delivery impact, long-term resilience led by single-aisles

    First decade delivery impact, long-term resilience led by single-aisles New airplane deliveries 2021-2030: New airplane deliveries 2021-2040: 19,330 43,610 Freighters 2% 890 Widebodies 18% 7,670 Single-aisles 75% 32,660 Regional Jets 5% 2,390 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 Copy ri

  16. Slide 16: Regionally diverse future airplane demand

    Regionally diverse future airplane demand New airplane deliveries by region: 2021-2030 New airplane deliveries by region: 2021-2040 Russia & CA Africa Russia & CA Africa Latin America 2% Latin America 2% 4% 3% Asia (excl. China) 5% 20% Asia (excl. China) 6% 21% Middle East 6% Middle East 7% 20% 19,3

  17. Slide 17: Delivering sustainable growth, 80% fleet renewal over next 20 years

    Delivering sustainable growth, 80% fleet renewal over next 20 years 50,000 23,505 49,405 40,000 30,000 46% 25,900 20,105 20,000 54% 10,000 Delivery composition 5,795 0 2019 Fleet Retained Replacement Growth 2040 Fleet Fleet* *Retained fleet includes 2020 deliveries Copy right © 2021 Boeing. All righ

  18. Slide 18: Air cargo and freighter market outlook trends

    Air cargo and freighter market outlook trends Capacity E-commerce & logistics Replacement Passenger recovery Growth Efficiency Conversion supply Emerging markets Capability Freighter value Business models Sustainability Copy right © 2021 Boeing. All rights reserved. | CSM-DAH | 2021CMOROLL | 13SEP21

  19. Slide 19: Long-haul passenger service reductions driving near-term demand for freighter capacity

    Long-haul passenger service reductions driving near-term demand for freighter capacity Global air cargo capacity Moving 7 day total 10 9 Available Freight Tonne Kilometers, billions -11% 8 vs 2019 Total Capacity 7 6 +29% 5 vs 2019 4 Dedicated Freighters 3 2 -44% vs 2019 1 Widebody Passenger Belly 0

  20. Slide 20: World air cargo traffic above pre-pandemic levels despite capacity loss

    World air cargo traffic above pre-pandemic levels despite capacity loss 25 24 23 2021 Revenue Tonne Kilometer, millions 22 21 2019 20 19 2020 18 17 16 15 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec SOURCE: IATA, Boeing analysis Copy right © 2021 Boeing. All rights reserved. | CSM-DAH | 2021CMORO

  21. Slide 21: Freighter fleet to grow by 70% by 2040

    Freighter fleet to grow by 70% by 2040 450 Deliveries 1,200 520 2,610 2021-2040 440 3,500 3,435 New large w idebody 3,000 2,500 Widebody conv ersions 2,010 2,000 New medium 1,500 w idebody 1,000 Standard- body 500 conv ersions Fleet 0 2019 2040 Freighters Freighters Copy right © 2021 Boeing. All rig

  22. Slide 22: Commercial aviation services market outlook trends

    Commercial aviation services market outlook trends Recovery Evolution Transformation Used parts supply E-enabled ops growth Digital enablement Freighter conversions Fleet renewal & training Operations optimization Copy right © 2021 Boeing. All rights reserved. | CSM-DAH | 2021CMOROLL | 13SEP21

  23. Slide 23: $9.5 trillion commercial services market

    $9.5 trillion commercial services market; First decade utilization impact, longer-term transformation Commercial Aviation Services 2021-2030: Commercial Aviation Services 2021-2040: $3.7T $9.5T Ground & Cargo Operations 5,200 Maintenance & Engineering 2,430 Flight Operations 1,185 Marketing & Planni

  24. Slide 24: Commercial aviation needs 2.1 million new personnel

    Commercial aviation needs 2.1 million new personnel to meet projected air travel demand Pilots Technicians Cabin Crew 612,000 626,000 886,000 Copy right © 2021 Boeing. All rights reserved. | CSM-DAH | 2021CMOROLL | 13SEP21

  25. Slide 25: Aviation proven resilient over and over again

    Aviation proven resilient over and over again Historic & future traffic trend 11 COVID Impact 10 9 8 ~2 years RPKs (trillions) 7 6 ~3 years 5 4 3 2 1 0 1980 1990 2000 2010 2020 Actual Traffic, RPKs Long-Term Trend Boeing Projection RPKs = Revenue Passenger Kilometers SOURCES: 2000-2020 IATA stats, B

  26. Slide 26: Most versatile family of aircraft

    Most versatile family of aircraft Offering the most capability & productivity Designed for efficiency & sustainability Delivering versatility for a dynamic market Copy right © 2021 Boeing. All rights reserved. | CSM-DAH | 2021CMOROLL | 13SEP21

  27. Slide 27: Summary

    Summary Recovery progress largely as expected Near-term volatility driven by virus, policy dynamics Demand fundamentals drive resilience in long-term outlook Single-aisle leads recovery; robust freighter demand Commercial aviation services follow global fleet trends Copy right © 2021 Boeing. All rig

  28. Slide 28: Q). SIEING

    Q). SIEING

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