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Airbus forecasts Indo-Asia-Pacific will command near 50% of global aircraft demand by 2044
November 15th 2024
Airbus, in its latest forecast, predicts the Asia-Pacific, including the Indian subcontinent, will need 19,500 new aircraft in the next 20 years or 46% of global demand. Read More » The aircraft mix, which will include 16,000 single-aisles, will deliver annual growth of 3% for new aircraft needed,” Airbus president Asia-Pacific, Anand Stanley, told delegates attending the Association of Asia-Pacific Airlines (AAPA) Annual Assembly of Presidents in Brunei. Airbus also forecasts the region will achieve an annual air traffic growth rate of 4.8%, outpacing the global average of 3.6%. To cater for cargo growth, the region will require 250 new wide-body freighters, representing 10% of global demand, Stanley said.
