The Asia-Pacific region will need about 14,450 new aircraft valued at US$2.3 trillion over the next two decades as passenger traffic in the region is set to triple, according to an Airbus forecast.
This represents more than 40 per cent of global demand for almost 35,000 aircraft over the next 20 years.
Airbus says it further consolidated its market lead in Asia-Pacific in 2017, delivering 367 new aircraft to 50 operators across the region, either directly to airlines or via lessors.
“With passenger traffic slated to expand at 5.6 per cent annually, outstripping the global average of 4.4 per cent, the Asia-Pacific fleet will grow from 6,100 airplanes today to nearly 17,000 in 20 years,” says Eric Schulz, Airbus Executive Vice President, Chief of Sales, Marketing & Contracts.
Of the 14,450 aircraft, Airbus estimates that 9,800 will be in the single aisle story_category, while there will be demand for 4,000 wide-bodies and 650 very large aircraft.
“The Airbus wide-body family is especially successful in region, with almost 800 flying today and another 350 on order for future delivery, representing 60 per cent of total wide-body backlog in the region,” says Schulz.
The A350 XWB is the new long-range leader in the Asia-Pacific region, where 14 airlines have placed orders for 287 aircraft. Eight carriers from the region are already flying the modern wide-body on long range routes to Europe and the US. The A350-1000, nearing its first customer delivery in the coming weeks, will further consolidate the A350 XWB position. In 2018 Airbus will deliver the first A350-1000 for the region to Cathay Pacific, as well as the first A350 Ultra Long Range to Singapore Airlines.
In 2018 Airbus will deliver the first A350-1000 for the region to Cathay Pacific, as well as the first A350 Ultra Long Range to Singapore Airlines.
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