A CFM56 turbofan engine 2002 Michael Krahe (MichiK at German Wikipedia), WikiMedia Commons
A CFM56 turbofan engine 2002

North America Turboprop vs. Turbofan Demand: 2017-21

Over the next five years, the turboprop market will continue to see a decline in overall demand.

The turboprop in-service fleet is projected to decline at a 2.7% CAGR, while turboprop MRO demand will decline by only 0.1%.  In comparison, the turbofan in-service fleet will increase at a 2.6% CAGR and turbofan MRO demand will increase by 2.2%.  This correlation indicates that turboprop aircraft will continue to become increasingly expensive as the active fleet retires.

See 2017 Commercial Aviation Fleet & MRO Forecast, Aviation Week Network for more information.  

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