TOULOUSE, France, 26 Sept. 2013. Airlines will require larger, more efficient, and operationally-effective aircraft to meet the growing worldwide demand for commercial air transportation, according to the latest 20-year Global Market Forecast from Airbus.
An estimated 29,220 new passenger and freighter aircraft will be required in the next two decades. Widebody jetliners, such as the Airbus A350 XWB, A330, and A380, will account for roughly 60 percent of the $4.4 trillion in total sales value.
The average size of aircraft has grown by approximately 25 percent worldwide in the past 20 years, Airbus officials say. This trend will continue because of air traffic growth and the constraints on aircraft movements, particularly at airports, explains John Leahy, Airbus chief operating officer – customers. “The airline industry needs simplicity,” Leahy adds. “So we are very happy with the way we’re positioned today.”
According to Airbus’ latest Global Market Forecast, the acquisition of larger aircraft not only enables airlines to carry more passengers on a given flight, but also helps reduce fuel burn and cost per seat. In addition, airlines are up-gauging aircraft in their existing backlogs and adding more seats to cabin configurations.
The single-aisle market segment represents 71 percent of deliveries by unit numbers in Airbus’ 2013-2032 Global Market Forecast. With estimated requirements for 20,242 aircraft valued at $1.80 trillion, the trend is toward larger jetliners with higher seating capacities, according to Leahy. In this segment, Airbus’ product line is the in-production A320ceo (current engine option) and next-generation A320neo (new engine option) families.
For a detailed review of the 2013-2032 outlook, visit the Airbus website’s “Global Market Forecast” section.
Read the press release, which provides highlights of the 2013-2032 Global Market Forecast.