What Happened
Airbus Forecasts Slight Drop In New Plane Demand Over Next 20 Years
Airbus has released its latest 20-year Global Market Forecast, predicting a slight decrease in demand for new passenger aircraft. The forecast indicates a need for 42,060 new planes by 2045, down from 42,450 in the previous year’s outlook. Of these, 19,820 will replace older aircraft, while 22,240 will support growth. The report also highlights the importance of single-aisle aircraft, which will make up 81% of total demand. According to Airbus, global passenger traffic is expected to more than double in the next 20 years, driven by growth in Asia. The full report is available on the Airbus website, as reported by AeroTime.