What Happened
Airbus Forecasts Region's Need For 19,120 New Aircraft By 2045
According to the latest Airbus Global Market Forecast, the Asia-Pacific region will continue to drive global aviation growth over the next two decades, with a projected requirement for 19,120 new passenger aircraft by 2045. This represents 45% of the total global demand for new aircraft, with one third intended for replacement and the remainder for growth. The region’s robust economic fundamentals, including a growing middle-income population and rapid urbanization, are expected to drive air travel demand. This forecast was reported by Asian Aviation Staff.