Larry Schneider, Boeing’s vice president for product development, says he expects the number of airplanes leaving the global fleet to nearly double in the next decade, up from the rate of close to 400 per year.

Speaking at the Aircraft Fleet Recycling Association (AFRA) Annual Meeting, in Seattle in June, the Boeing executive said accelerated fleet replacement would “rapidly increase the demand for aircraft dismantling and recycling services and introduce unique challenges to the sector.”