Airbus raises 20-year outlook by nearly 450 aircraft

Airbus released (04-Sep-2012) its 2012-2031 global market forecast, identifying a need for 28,200 passenger and freighter aircraft (of 100 seats or more), valued at nearly USD4.0 trillion, reconfirming an upward trend in the pace of new aircraft deliveries. Of these over 27,350 will be passenger aircraft valued at USD3.7 trillion. The forecast assumes passenger traffic will grow at 4.7% p/a over the 20 year period, with global revenue passenger kilometers expanding from 5.1 to 12.8 trillion p/a. Global passenger numbers will expand from 3 billion to 11 billion.

• Forecast highlights:
  • Passenger aircraft fleet: Expand from 15,560 to 32,550 aircraft, +109%.
  • New passenger aircraft deliveries: 27,350;
  • Dedicated freighter fleet: Expand from 1620 to 2940 aircraft, +82%;
  • New freighter aircraft deliveries: 850;
  • Total new aircraft deliveries: 28,200;
• Demand by type:
  • Narrowbody: 19,520, +353 aircraft over previous forecast. 69% of deliveries, 40% of market value at USD1.6 trillion;
  • Widebody: 6970, +60 aircraft over previous forecast; 25% of deliveries, 44% of market value at USD1.7 trillion;
  • Very large aircraft: 1710, +30 aircraft over previous forecast; 6% of deliveries, 16% of value at USD600 billion;
  • Total: 28,200, +443 aircraft over previous forecast;
• Demand by region:
  • Asia Pacific: 9618 aircraft, 35% of total;
  • North America: 5851 aircraft, 21% of total;
  • Europe: 5701 aircraft, 21% of total;
  • Latin America: 2085 aircraft, 8% of total;
  • Middle East: 1906 aircraft, 7% of total;
  • Russia & CIS: 4%: 1229 aircraft, 4% of total;
  • Africa: 957 aircraft, 4% of total. [more - original PR]