Nigel Pittaway spoke with Airbus representatives about the company’s forecast for the Pacific region
AIRBUS REPORTS strong and resilient airline passenger traffic growth across the globe over the next 20 years, with air traffic (measured in revenue passenger kilometres) continuing to double every fifteen years.
The aerospace giant sees a demand for 34,900 new aircraft between 2018 and 2036, comprising 34,170 passenger aircraft and 730 freighters. Of this demand, Airbus says 40% will be for current fleet replacement and 60% will be growth.
Furthermore, it says the Asia Pacific region will account for 41% of the overall demand. This is more than the European and US markets combined, which will represent 36% of future demand, according to Airbus figures.