Airbus releases revised 2009-2028 Global Market Forecast
Airbus released (17-Sep-2009) its revised Global Market Forecast, forecasting approximately 25,000 new passenger and freighter aircraft, valued at approximately USD3.1 trillion, will be delivered worldwide from 2009 to 2028, driven by emerging economies, evolving airline networks, expansion of LCCs, traffic growth and the replacement of older aircraft.
According to Airbus, the greatest demand for new aircraft will come from airlines in the Asia Pacific region and emerging markets, with China and India accounting for 31% of the total demand, followed by Europe (25%) and North America (23%). Details include:
- Very Large Aircraft: 1,700 aircraft valued at USD571 billion, 50% of the world’s VLAs will be operated by airlines in the Asia Pacific region;
- Twin-aisle Aircraft: 6,250 aircraft valued at USD1,300 billion, including 4,240 small twin-aisle and 2,010 intermediate twin-aisles;
- Single-aisle Aircraft: 17,000 valued at USD1,200 billion;
- Passenger traffic (RPKs) is expected to increase by 4.7% p/a in the next 20-years or double in the next 15 years, which will require a demand for 24,100 new passenger aircraft, valued at USD2.9 trillion;
- Cargo traffic (FTKs) is expected to increase by 5.2% p/a, creating a demand for up to 3,440 freighter aircraft, including 850 new aircraft valued at USD210 million. [more]