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Airbus Forecasts Aviation Services Market to Reach $420B

October 15, 2026

1 min read

Key Takeaways

Airbus forecasts aviation services market to reach $420 billion by 2045.
Global demand expected to double from 2026.
Services market to grow at a CAGR of 3.8%.
Cumulative requirement for 2.44 million additional skilled personnel.

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Strategic Implications

This forecast may indicate a significant shift in the aviation industry's focus towards services and support. The growth of the services market could suggest increasing demand for digital solutions and connectivity, which may benefit companies like Airbus that invest in these areas.

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What Happened

Global Demand Expected to Double by 2045 Amid Fleet Expansion

Airbus expects the global aviation services market to exceed $420 billion by 2045, driven by the expansion of the worldwide aircraft fleet and rising passenger numbers. The services market is forecast to grow at a compound annual growth rate of 3.8%, supporting a global fleet of 45,550 aircraft by 2045. According to Airbus’ Global Services Forecast, the market will create a cumulative requirement for 2.44 million additional skilled personnel. This was reported by an unknown source.

Source | Originally Published: October 15, 2026

Companies Mentioned