Study Period | 2017 - 2030 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2030 |
Market Size (2025) | USD 214.4 Billion |
Market Size (2030) | USD 293.6 Billion |
CAGR (2025 - 2030) | 6.49 % |
Market Concentration | High |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Commercial Aviation Market Analysis
The Commercial Aviation Market size is estimated at 214.4 billion USD in 2025, and is expected to reach 293.6 billion USD by 2030, growing at a CAGR of 6.49% during the forecast period (2025-2030).
The commercial aviation market continues to undergo significant transformation, driven by changing travel patterns and economic developments. Tourism remains a crucial driver, contributing approximately 10% to the global GDP, with 57% of international travelers choosing air transportation as their preferred mode of travel. Airlines are increasingly focusing on route optimization and network expansion to capitalize on this growing demand. The industry is witnessing a shift toward more point-to-point services rather than traditional hub-and-spoke models, particularly in emerging markets. This transformation is accompanied by the rise of hybrid carriers that combine elements of both full-service and low-cost models to capture diverse market segments.
Fleet modernization has emerged as a central theme across the commercial aircraft industry, with airlines prioritizing fuel-efficient aircraft and sustainable operations. A significant indicator of this trend is the substantial backlog of aircraft orders, with major airlines holding orders for approximately 300 Airbus and 98 Boeing aircraft as of April 2023. Airlines are increasingly investing in next-generation aircraft that offer reduced fuel consumption and lower maintenance costs. The industry is witnessing a notable shift toward smaller, more efficient aircraft that provide greater flexibility in route planning and frequency optimization.
Manufacturing dynamics in the aircraft manufacturing market are evolving with an increased focus on production efficiency and supply chain resilience. During the forecast period, manufacturers are expected to deliver approximately 14,080 commercial aircraft globally, reflecting the robust demand for new aircraft. Original Equipment Manufacturers (OEMs) are implementing advanced manufacturing techniques and automation to enhance production capabilities. The industry is also witnessing increased collaboration between manufacturers and suppliers to ensure stable production rates and timely deliveries.
Technological innovation continues to reshape the commercial aerospace landscape, with particular emphasis on digital transformation and enhanced passenger experience. Airlines are investing in advanced avionics, predictive maintenance systems, and improved cabin designs to enhance operational efficiency and passenger comfort. The integration of artificial intelligence and data analytics is enabling better fleet management and maintenance planning. Recent developments include the adoption of composite materials in aircraft construction, advanced propulsion systems, and enhanced connectivity solutions, demonstrating the industry's commitment to technological advancement and operational excellence.
Global Commercial Aviation Market Trends
Ease of travel restrictions and the rising number of passengers are driving the demand
- As cross-border travel was progressively restored, the carriers in the Asia-Pacific have raced to put on flights to meet runaway demand, stimulated by the pent-up desire to travel and savings accumulated in the two years of isolation due to COVID-19. As a result, in 2022, air passenger traffic in the region recovered more rapidly from the pandemic than other regions. For instance, in 2022, air passenger traffic in Asia-Pacific was recorded at 2.2 billion, witnessing a growth of 10% compared to 2021. Moreover, airline companies in the region are implementing fleet expansion plans to cater to the growing air passenger traffic in the major countries in the region. China, India, Japan, and Indonesia account for 70% of the total air passenger traffic in Asia-Pacific and are expected to generate more demand for new aircraft compared to other countries in the region.
- Airlines in Asia-Pacific witnessed a notable recovery in international air passenger markets as pent-up travel demand continued to fuel growth despite increasingly challenging global economic conditions. The passenger load factor for the region's airlines also improved, showing a year-on-year increase of 17.9 ppts and reaching 78.8%. These developments in total ASK and passenger load factor are highly encouraging and support the increasing demand for air travel in the region. Moreover, the healthy growth in international passenger traffic shows strong travel demand from the business and leisure sectors. The rapid increase in air passenger traffic in the region is expected to drive the air transport industry in the future.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Ease of travel restrictions and the rising number of passengers are driving the demand
- The growth in domestic travel is increasing the demand
- The re-opening of Asian markets is boosting traffic through Gulf hubs
- The increase in demand from domestic travelers is driving the market
- The entry of new airlines is driving the air passenger traffic
- Air cargo demand is driving the air freight traffic growth in the Asia-Pacific
- Increasing demand for cargo operations and the opening of new cargo routes are driving the market
- The opening of new routes and demand for both global and international cargo operations are significant driving factors
- Increasing cargo demand and opening of new routes are driving the market
- The introduction of new services, capacity, and investment in additional aircraft for air cargo is driving the demand in South America
- The Asia-Pacific economies have been subject to an increase in economic pressure due to a surge in public debt, which has had a negative impact on their defense spending
- The Ukraine-Russia War is expected to improve defense contribution, even with economic growth uncertainty
- The increased inflation has adversely impacted the growth of the region
- Improving economic stability can aid in the growth of North America
- In South America, commodity exporters have been able to capitalize on external demand as an engine for growth
- Positive trends in the civil aviation sector are expected to increase revenue passenger kilometer during the forecast period
- Domestic RPK capacity has fully recovered to pre-pandemic levels
- Rising air travel is driving the growth of RPKs in the Region
- The demand for domestic travel in the United States witnessed significant growth
- The region's aviation industry is heavily impacted by inflation, currency depreciation, and slow economic recovery
- Though inflation in Asia-Pacific increased significantly across the board, the average inflation has been lower than in most other regions
- A surge in import prices due to the Russia-Ukraine War led to an increase in inflation in the region
- The ongoing military conflicts have worsened the economic conditions in the region
- Inflation in the United States has not been this high since 1980
- The surge in commodity costs and supply disruptions resulted in a high inflation rate in the region
Segment Analysis: By Sub Aircraft Type
Passenger Aircraft Segment in Commercial Aviation Market
The passenger aircraft market segment dominates the commercial aircraft sales sector, accounting for approximately 96% of the total market share in 2024. This substantial market share is primarily driven by increasing air passenger traffic and the growth of the middle-class population in emerging countries. The segment's strength is further reinforced by the expansion plans of major airlines globally, particularly in regions like Asia-Pacific and North America. Airlines are increasingly focusing on fleet modernization and expansion, with a significant emphasis on fuel-efficient aircraft. The demand is particularly strong in the narrowbody aircraft category, which is preferred for domestic and short-haul routes, while widebody aircraft continue to serve long-haul international routes. The segment's growth is also supported by the rising number of low-cost carriers worldwide and the recovery of international air travel post-pandemic. The commercial aircraft passenger service unit market is also benefiting from these trends, as airlines seek to enhance the passenger experience.

Freighter Aircraft Segment in Commercial Aviation Market
The freighter aircraft segment is emerging as the fastest-growing segment in the commercial aviation market, projected to grow at approximately 10% CAGR from 2024 to 2029. This remarkable growth is primarily driven by the surge in e-commerce activities and the establishment of new trade relationships among different countries. The segment is witnessing increased demand for both new freighter aircraft and passenger-to-freight conversions. Major logistics companies and airlines are expanding their cargo fleets to meet the growing demand for air freight services. The rise in international trade, particularly in regions like Asia-Pacific and North America, is creating substantial opportunities for freighter aircraft manufacturers. Additionally, the development of dedicated air cargo hubs and the increasing focus on time-sensitive deliveries are further propelling the segment's growth. The aircraft market size for freighter aircraft is expected to expand significantly as these trends continue.
Commercial Aviation Market Geography Segment Analysis
Commercial Aviation Market in Asia-Pacific
The commercial aviation market in the Asia-Pacific region represents a dynamic and rapidly evolving sector, characterized by diverse economic landscapes and varying levels of market maturity across different countries. China, India, and Japan serve as the primary growth engines, while emerging economies like Indonesia, Malaysia, and Thailand are witnessing increased air travel demand driven by rising disposable incomes and growing middle-class populations. The region's aviation infrastructure continues to expand with new airport developments and modernization projects, particularly in countries like India and Indonesia. Countries across the region are focusing on enhancing their domestic and international connectivity, with several major carriers implementing fleet modernization programs to meet growing passenger demands.

Commercial Aviation Market in China
China stands as the dominant force in Asia-Pacific's commercial aviation market, spearheading the region's growth through substantial investments in aviation infrastructure and fleet expansion. The country has emerged as an international hub for both business and leisure travel, with its aviation market benefiting from strong domestic demand and increasing international routes. Chinese airlines have been actively expanding their fleets with both narrow-body and wide-body aircraft to serve diverse route requirements. With approximately 19% aviation market share in 2024, China's commercial aviation sector is supported by robust government initiatives and growing urbanization. The country's aviation infrastructure continues to expand with new airport developments and modernization of existing facilities, while domestic carriers are implementing aggressive fleet expansion strategies to meet growing passenger demands.
Commercial Aviation Market in India
India emerges as the fastest-growing commercial aviation market in the Asia-Pacific region, with a projected growth rate of approximately 11% during 2024-2029. The country's aviation sector is experiencing transformative growth driven by increasing air travel accessibility and expanding route networks. India's commercial aviation landscape is characterized by a strong presence of low-cost carriers, which dominate the domestic market share compared to full-service carriers. The government's regional connectivity scheme and initiatives to develop new airports are fostering growth in tier-2 and tier-3 cities. The country's airlines are implementing ambitious fleet expansion plans, particularly focusing on narrow-body aircraft to serve the growing domestic market, while also strengthening international connectivity through strategic route expansions.
Commercial Aviation Market in Europe
Europe's commercial aviation market demonstrates a mature and sophisticated ecosystem, supported by advanced infrastructure and strong regulatory frameworks across its member states. The region's aviation landscape is characterized by a mix of legacy carriers and low-cost airlines, serving both intra-European and international routes. Countries like the UK, Germany, and France lead the market with their established aviation sectors, while emerging markets in Eastern Europe show promising growth potential. The region's focus on sustainable aviation and technological innovation continues to shape market dynamics, with airlines increasingly investing in fuel-efficient aircraft and exploring alternative fuel solutions.
Commercial Aviation Market in United Kingdom
The United Kingdom maintains its position as Europe's largest commercial aviation market, commanding approximately 3% aviation market share in 2024. The country's aviation sector benefits from its strategic geographical location and strong international connectivity through major hubs like Heathrow and Gatwick airports. British carriers have been actively modernizing their fleets with a focus on fuel-efficient aircraft, while also expanding their route networks to capture growing travel demand. The UK's aviation infrastructure continues to evolve with ongoing development projects and capacity enhancement initiatives at major airports, supporting the growing passenger traffic and cargo operations.
Commercial Aviation Market in Germany
Germany demonstrates remarkable growth potential in Europe's commercial aviation market, with a projected growth rate of approximately 5% during 2024-2029. The country's aviation market benefits from its central European location and strong economic fundamentals, making it a crucial hub for both passenger and cargo operations. German carriers are actively pursuing fleet modernization programs with a focus on environmental sustainability and operational efficiency. The country's robust aerospace industry and technological capabilities further support market growth, while major airports continue to enhance their infrastructure to accommodate increasing traffic volumes.
Commercial Aviation Market in Middle East and Africa
The Middle East and Africa region presents a diverse commercial aviation market landscape, characterized by varying levels of market maturity and infrastructure development. The Middle Eastern carriers, particularly from the UAE, Qatar, and Saudi Arabia, have established themselves as global aviation powerhouses through strategic hub development and extensive fleet expansion programs. The region benefits from its geographical advantage as a natural connecting point between East and West, facilitating significant transit traffic. African aviation markets show promising growth potential, driven by increasing regional integration and rising air travel demand, though infrastructure development remains a key focus area.
Commercial Aviation Market in United Arab Emirates
The United Arab Emirates stands as the largest commercial aviation market in the Middle East and Africa region, leveraging its strategic location and world-class aviation infrastructure. The country has successfully positioned itself as a global aviation hub through significant investments in airport infrastructure and airline fleet expansion. UAE-based carriers have established extensive global networks, serving both passenger and cargo operations. The country's aviation sector benefits from strong government support and continues to attract international traffic through its major hubs in Dubai and Abu Dhabi.
Commercial Aviation Market in Qatar
Qatar emerges as the fastest-growing commercial aviation market in the Middle East and Africa region, demonstrating remarkable expansion in its aviation sector. The country has made substantial investments in its aviation infrastructure, including the development of state-of-the-art airport facilities. Qatar's national carrier has been actively expanding its fleet and route network, strengthening its position in the global aviation market. The country's aviation strategy focuses on both passenger and cargo operations, supported by continuous fleet modernization and network expansion initiatives.
Commercial Aviation Market in North America
North America's commercial aviation market represents a mature and well-established sector, characterized by advanced infrastructure and strong regulatory frameworks. The United States dominates the regional market, followed by Canada and Mexico, with each country contributing uniquely to the region's aviation landscape. The market benefits from strong domestic travel demand, particularly in the United States, while also maintaining robust international connectivity. The United States leads as the largest market in the region, while Mexico shows promising growth potential with its expanding aviation sector. The region's airlines continue to focus on fleet modernization and network optimization, with a growing emphasis on fuel efficiency and environmental sustainability.
Commercial Aviation Market in South America
South America's commercial aviation market demonstrates significant growth potential, driven by increasing air travel accessibility and expanding route networks. The region's aviation landscape is characterized by a mix of established carriers and emerging low-cost airlines, serving both domestic and international routes. Brazil emerges as the largest market in the region, benefiting from its extensive domestic network and growing international connectivity. Chile shows the fastest growth potential, supported by its strategic location and expanding aviation infrastructure. The region's airlines are actively pursuing fleet modernization programs, with a particular focus on narrow-body aircraft to serve growing domestic and regional routes.
Commercial Aviation Industry Overview
Top Companies in Commercial Aviation Market
The commercial airplane manufacturers market is characterized by intense competition among major manufacturers who are continuously investing in product innovation and technological advancement. Companies are focusing on developing more fuel-efficient aircraft, incorporating sustainable aviation fuels, and enhancing passenger comfort through advanced cabin designs. Operational agility has become crucial, with manufacturers streamlining production processes and strengthening supply chain relationships to meet delivery timelines. Strategic partnerships with airlines, leasing companies, and technology providers have emerged as a key trend to expand market presence. Companies are also investing heavily in research and development to develop next-generation aircraft with improved performance characteristics. Geographic expansion, particularly in emerging markets, remains a priority with manufacturers establishing regional production facilities and service centers to better serve local customers.
Consolidated Market Led By Global Players
The commercial aviation market exhibits a highly consolidated structure dominated by a few global manufacturers with extensive manufacturing capabilities and established brand presence. These major players possess significant technological expertise, robust financial resources, and well-established distribution networks spanning multiple continents. The market is characterized by high entry barriers due to substantial capital requirements, complex regulatory frameworks, and the need for advanced technological capabilities. The presence of strong incumbent players has made it challenging for new entrants to gain significant market share in the aviation industry, leading to a relatively stable competitive landscape.
The industry has witnessed strategic collaborations and joint ventures rather than traditional mergers and acquisitions, particularly in developing new aircraft programs and entering emerging markets. Major manufacturers have focused on vertical integration strategies, acquiring key component suppliers to ensure supply chain stability and maintain quality control. Regional players typically operate in specific market segments or serve as tier-one suppliers to major manufacturers, contributing to the industry's hierarchical structure. The market has also seen increased collaboration between manufacturers and technology companies to incorporate advanced digital solutions and improve operational efficiency.
Innovation and Sustainability Drive Future Success
Success in the commercial aircraft manufacturing market increasingly depends on manufacturers' ability to develop innovative, sustainable aircraft solutions while maintaining cost competitiveness. Incumbent players must focus on continuous product innovation, particularly in developing fuel-efficient technologies and reducing environmental impact. Building strong relationships with airlines and leasing companies through comprehensive after-sales support and maintenance services has become crucial for maintaining market position. Companies must also invest in digital technologies and advanced manufacturing processes to improve operational efficiency and reduce production costs.
For contenders looking to gain market share among aircraft manufacturers, focusing on specific market segments or regions where they can build competitive advantages is essential. This includes developing specialized aircraft for regional markets or focusing on emerging segments like electric aircraft. Success also depends on building strong supplier networks and establishing strategic partnerships with established players. The increasing focus on environmental regulations and sustainability requirements presents both challenges and opportunities for market participants. Companies must adapt to evolving customer preferences and regulatory requirements while maintaining profitability and operational efficiency. The ability to secure long-term contracts with major airlines and develop innovative financing solutions will remain critical success factors.
Commercial Aviation Market Leaders
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Airbus SE
-
ATR
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Embraer
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The Boeing Company
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United Aircraft Corporation
- *Disclaimer: Major Players sorted in no particular order
Commercial Aviation Market News
- June 2023: Boeing received solid 40 737 Max 8s orders from Irish aircraft leasing company Avolon.
- June 2023: Air Algérie, the national airline of Algeria, signed a contract to purchase seven wide-body aircraft to support commercial development.
- June 2023: Delta Air Lines Inc. is in talks with Airbus SE (AIR.PA) for a jumbo jet order. Orders include both A350 and A330neo dual-aisle.
Commercial Aviation Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
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4.1 Air Passenger Traffic
- 4.1.1 Asia-Pacific
- 4.1.2 Europe
- 4.1.3 Middle East and Africa
- 4.1.4 North America
- 4.1.5 South America
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4.2 Air Transport Freight
- 4.2.1 Asia-Pacific
- 4.2.2 Europe
- 4.2.3 Middle East and Africa
- 4.2.4 North America
- 4.2.5 South America
-
4.3 Gross Domestic Product
- 4.3.1 Asia-Pacific
- 4.3.2 Europe
- 4.3.3 Middle East and Africa
- 4.3.4 North America
- 4.3.5 South America
-
4.4 Revenue Passenger Kilometers (rpk)
- 4.4.1 Asia-Pacific
- 4.4.2 Europe
- 4.4.3 Middle East and Africa
- 4.4.4 North America
- 4.4.5 South America
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4.5 Inflation Rate
- 4.5.1 Asia-Pacific
- 4.5.2 Europe
- 4.5.3 Middle East and Africa
- 4.5.4 North America
- 4.5.5 South America
- 4.6 Regulatory Framework
- 4.7 Value Chain Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
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5.1 Sub Aircraft Type
- 5.1.1 Freighter Aircraft
- 5.1.2 Passenger Aircraft
- 5.1.2.1 Narrowbody Aircraft
- 5.1.2.2 Widebody Aircraft
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5.2 Region
- 5.2.1 Asia-Pacific
- 5.2.1.1 Australia
- 5.2.1.2 China
- 5.2.1.3 India
- 5.2.1.4 Indonesia
- 5.2.1.5 Japan
- 5.2.1.6 Malaysia
- 5.2.1.7 Philippines
- 5.2.1.8 Singapore
- 5.2.1.9 South Korea
- 5.2.1.10 Thailand
- 5.2.1.11 Rest of Asia-Pacific
- 5.2.2 Europe
- 5.2.2.1 France
- 5.2.2.2 Germany
- 5.2.2.3 Italy
- 5.2.2.4 Netherlands
- 5.2.2.5 Russia
- 5.2.2.6 Spain
- 5.2.2.7 Turkey
- 5.2.2.8 UK
- 5.2.2.9 Rest of Europe
- 5.2.3 Middle East and Africa
- 5.2.3.1 Algeria
- 5.2.3.2 Egypt
- 5.2.3.3 Qatar
- 5.2.3.4 Saudi Arabia
- 5.2.3.5 South Africa
- 5.2.3.6 United Arab Emirates
- 5.2.3.7 Rest of Middle East and Africa
- 5.2.4 North America
- 5.2.4.1 Canada
- 5.2.4.2 Mexico
- 5.2.4.3 United States
- 5.2.4.4 Rest of North America
- 5.2.5 South America
- 5.2.5.1 Brazil
- 5.2.5.2 Chile
- 5.2.5.3 Colombia
- 5.2.5.4 Rest of South America
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles
- 6.4.1 Airbus SE
- 6.4.2 ATR
- 6.4.3 COMAC
- 6.4.4 De Havilland Aircraft of Canada Ltd.
- 6.4.5 Embraer
- 6.4.6 The Boeing Company
- 6.4.7 United Aircraft Corporation
- *List Not Exhaustive
7. KEY STRATEGIC QUESTIONS FOR AVIATION CEOS
8. APPENDIX
-
8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
Commercial Aviation Industry Segmentation
Freighter Aircraft, Passenger Aircraft are covered as segments by Sub Aircraft Type. Asia-Pacific, Europe, Middle East and Africa, North America, South America are covered as segments by Region.Sub Aircraft Type | Freighter Aircraft | ||
Passenger Aircraft | Narrowbody Aircraft | ||
Widebody Aircraft | |||
Region | Asia-Pacific | Australia | |
China | |||
India | |||
Indonesia | |||
Japan | |||
Malaysia | |||
Philippines | |||
Singapore | |||
South Korea | |||
Thailand | |||
Rest of Asia-Pacific | |||
Europe | France | ||
Germany | |||
Italy | |||
Netherlands | |||
Russia | |||
Spain | |||
Turkey | |||
UK | |||
Rest of Europe | |||
Middle East and Africa | Algeria | ||
Egypt | |||
Qatar | |||
Saudi Arabia | |||
South Africa | |||
United Arab Emirates | |||
Rest of Middle East and Africa | |||
North America | Canada | ||
Mexico | |||
United States | |||
Rest of North America | |||
South America | Brazil | ||
Chile | |||
Colombia | |||
Rest of South America |
Commercial Aviation Market Research FAQs
How big is the Global Commercial Aviation Market?
The Global Commercial Aviation Market size is expected to reach USD 214.40 billion in 2025 and grow at a CAGR of 6.49% to reach USD 293.59 billion by 2030.
What is the current Global Commercial Aviation Market size?
In 2025, the Global Commercial Aviation Market size is expected to reach USD 214.40 billion.
Who are the key players in Global Commercial Aviation Market?
Airbus SE, ATR, Embraer, The Boeing Company and United Aircraft Corporation are the major companies operating in the Global Commercial Aviation Market.
Which segment has the biggest share in the Global Commercial Aviation Market?
In the Global Commercial Aviation Market, the Passenger Aircraft segment accounts for the largest share by sub aircraft type.
Which region has the biggest share in the Global Commercial Aviation Market?
In 2025, Asia-Pacific accounts for the largest share by region in the Global Commercial Aviation Market.
What years does this Global Commercial Aviation Market cover, and what was the market size in 2025?
In 2025, the Global Commercial Aviation Market size was estimated at 214.40 billion. The report covers the Global Commercial Aviation Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Global Commercial Aviation Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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