Exploratory analysis of periodic patterns in passenger aircraft orders and their associations with macroeconomic trends

Since the mid-20th century, global demand for air passenger transport has consistently increased, however, passenger aircraft orders have exhibited significant fluctuations. These fluctuations have imposed burdens on manufacturers, leading to instability and inefficiencies across globally integrated supply chains. This study applies Discrete Fourier Analysis and Cross-Correlation Analysis to passenger aircraft order data and global economic growth rates (1960–2020) to explore periodicity and macroeconomic associations. The results reveal a dominant cycle of approximately 8–10 years, consistent across aircraft types, and suggest synchronization with global economic growth patterns. These findings provide insights for long-term strategic planning in the passenger aircraft industries. • Fourier transform revealed periodic cycles in commercial aircraft orders, with 8–10‑yr pattern. • Trends correlated with economic growth rates.

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Publication Details

Journal
Research in Transportation Economics
Published
2026-01-20
DOI
https://doi.org/10.1016/j.retrec.2026.101715
Primary Topic
Aviation Industry Analysis and Trends
Type
article
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article

Exploratory analysis of periodic patterns in passenger aircraft orders and their associations with macroeconomic trends

Toshio Takiya, Kazuaki Katagiri
Research in Transportation Economics
Aviation Industry Analysis and Trends
article

Exploratory analysis of periodic patterns in passenger aircraft orders and their associations with macroeconomic trends

Toshio Takiya, Kazuaki Katagiri
article en

Abstract

Since the mid-20th century, global demand for air passenger transport has consistently increased, however, passenger aircraft orders have exhibited significant fluctuations. These fluctuations have imposed burdens on manufacturers, leading to instability and inefficiencies across globally integrated supply chains. This study applies Discrete Fourier Analysis and Cross-Correlation Analysis to passenger aircraft order data and global economic growth rates (1960–2020) to explore periodicity and macroeconomic associations. The results reveal a dominant cycle of approximately 8–10 years, consistent across aircraft types, and suggest synchronization with global economic growth patterns. These findings provide insights for long-term strategic planning in the passenger aircraft industries. • Fourier transform revealed periodic cycles in commercial aircraft orders, with 8–10‑yr pattern. • Trends correlated with economic growth rates.

Research in Transportation EconomicsVol. 116
Hiroshima University (JP), Kanadevia (Japan) (JP)
Decent work and economic growth
Openalex Percentile: Top 88%
Aviation Industry Analysis and Trends
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