Airbus forecast (11-Oct-2011) Russian carriers will need more than 1000 passenger aircraft over the next 20 years in response to the strong traffic growth. The forecast ranks Russia sixth in the top 10 countries for passenger aircraft demand after US, China, India, Germany and UK. Russian airlines are expected to order 1006 aircraft, valued at USB95 billion, to meet fleet growth as well as aircraft replacement. These aircraft will comprise 839 narrowbodies, 145 widebodies and 22 very large aircraft to satisfy strong international travel growth. The Russian passenger aircraft fleet of 100 seats or more is expected to grow strongly from 519 aircraft in service in 2010 to 1058 by 2030. Passenger traffic in Russia is expected to increase at 5.65% p/a over the next 20 years, much faster than the world average of 4.8%. The biggest traffic growth is expected on international destinations from Russia to Asia-Pacific (+7%) and CIS regions (6.7%). Today, nine Russian airlines operate over 170 Airbus aircraft. Over 80 Airbus aircraft are scheduled for delivery in the forthcoming years. [more - original PR]
Airbus: More than 1000 aircraft will be needed within the next 20 years in Russia
You may also be interested in the following articles...
Copa Airlines: branching out with its new LCC Wingo to regain lost ground in Colombia
After years of fading into the backdrop of Colombia’s aviation market, Copa Airlines is making a bold move to make itself more competitive in the market place. Copa is reigniting competition after the company’s subsidiary Copa Colombia decided to cede domestic market share to other airlines a few years ago, in order to focus largely on international routes.
Copa’s weapon of choice is the creation of a new low cost airline Wingo, operated as a unit of Copa Colombia with a targeted market debut in Dec-2016. Wingo is designed as a lower frills point-to-point airline, operating four Boeing 737s in a single-class 142-seat configuration. It is a shift in strategy for the Copa Group, which operates a full service model leveraging traffic flows over its hub at Panama City Tocumen international airport.
Wingo is also adding service to Panama City’s Pacific international airport, (Panama City Pacifico), which results in Copa’s business units then operating to the city’s two airports. Copa’s commitment to serve Panama’s secondary airport reflects its new strategy to become more competitive in Colombia’s aviation market, and create a defensive shield against further LCC encroachment in the future.
S7 Airlines Part 2: history of growth in fleet, pax, revenue & profit shows benign market structure
Part 1 of CAPA's analysis of the S7 Airlines Group examined its network and competitive positioning, particularly with respect to the Russian market leader Aeroflot Group. Away from its Moscow Domodedovo hub, S7 has pockets of strength serving cities in Asia from regional Russian airports.
This second part of the report on S7 highlights its respectable track record of growth in its operations and profitability since the establishment of its subsidiary Globus in 2008. In 8M2016 its passenger growth rate accelerated to 25%, after a 6% increase in 2015. Although demand for international air travel to/from Russia has slumped due to geopolitical developments, S7 has benefited from growth in the domestic market and from capacity cuts by foreign competitors on international routes. It has also benefited from the 2015 collapse of Transaero (although Aeroflot has gained more from this).