Asia-Pac needs 11,000 aircraft over 20 years
Airlines in the Asia-Pacific region will lead global demand for larger and more eco-efficient aircraft over the next 20 years, according to Airbus’ latest Global Market Forecast (GMF).
March 6, 2014
Airlines in the Asia-Pacific region will lead global demand for larger and more eco-efficient aircraft over the next 20 years, according to Airbus’ latest Global Market Forecast (GMF). Airlines from the region will take delivery of some 10,940 new passenger and cargo aircraft from 2013-2032, valued at US$1.8 trillion. This represents 37 per cent of all new aircraft deliveries worldwide over the next 20 years, ahead of Europe, North America and the Middle East. In value terms, the region will account for 42 per cent of the global market for new airliners, reflecting the higher proportion of widebody aircraft required in Asia-Pacific.
In the cargo sector, the region will continue to dominate the global market. Airbus forecasts the freighter fleet operated by Asia-Pacific airlines will triple from just over 300 today to some 970, representing a third of the global freighter fleet by 2032. While many of the aircraft will be converted from passenger models, Airbus forecasts that around 270 will be newbuilds. As in other world regions, around 30 per cent of the freighters will be in the 45–70 tonne category served by mid-size widebody aircraft, such as the A330. In the freight market Airbus currently offers the new-build A330-200F and the A330 Passenger-to-Freighter (A330P2F) programme.