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Airbus: More than 1000 aircraft will be needed within the next 20 years in Russia

12-Oct-2011 8:45 AM

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]