TravelNewsAsia.com
Wed, 17 February 2016

 Airbus Forecasts Asia Pacific Fleet to Grow From 5,600 to 14,000 in Next 20 Years

In Asia Pacific in 2015, Airbus won 421 net orders from 17 airlines and lessors.

These numbers represent 39% of the company’s net order intake in 2015 for 1,080 aircraft.

In addition, the manufacturer delivered 282 new aircraft to 40 operators across the region over the twelve month period, either directly or via leasing companies. This was 44% of the company’s total output of 635 aircraft during the year, reflecting the importance of the region to the manufacturer.

The regional results were announced on Tuesday by Fabrice Brégier, Airbus President and CEO and John Leahy, Chief Operating Officer, Customers on the opening of the Singapore Air Show.

“The Asia Pacific region has traditionally been one of our strongest markets,” said Fabrice Brégier. “In recent years we have consolidated our position with our complete range of modern and efficient products. We expect this trend to continue in the coming years, especially in the widebody market where the A350 XWB is setting new standards in the 300 - 400 seat category.”

Looking to the future, Airbus expects the Asia Pacific region to continue to lead demand for new aircraft over the next 20 year period.

Presenting the company’s latest forecast for the region, John Leahy said that an annual increase in passenger traffic of 5.6% would contribute to a requirement for some 12,800 new aircraft valued at USD 2 trillion. This represents 40% of global demand for 32,600 aircraft over the next 20 years, and includes almost half of all widebody deliveries worldwide and over a third of all single aisle aircraft.

“Asia Pacific will continue to experience stronger growth than any other world region as more people fly more often,” said John Leahy. “Airbus will be especially well placed to respond to this demand in every size category. From 100 to over 500 seats, and for everything from short regional flights to the world’s longest commercial services, we have the right products to meet the needs of airlines in this fast-growing market.”

The complete Airbus product line comprises the single-aisle A320 Family, the A330 and all-new A350 XWB in the mid-size widebody category and the flagship A380 in the very large aircraft segment. In the freight market Airbus currently offers the new-build A330-200F and the A330 Passenger-to-Freighter (A330P2F) programme.

Asia Pacific 20 Year Market Forecast

• 5.6% annual growth in passenger traffic (global average 4.6%)

• Asia Pacific fleet will grow from 5,600 today to 14,000

• Demand for 12,810 new aircraft valued at USD 2 trillion

• 40% of total world demand for 32,600 aircraft over next 20 years

• 3,760 twin aisle and 720 very large aircraft = 46% of global widebody demand (9,600)

• 8,330 single aisle aircraft = 36% of global single-aisle demand (23,000)

Net orders 2006 - 2015 in Asia Pacific region

• Single aisle - Airbus: 2,924 out of a total of 4,589 = 64%

• Widebody - Airbus: 666 out of a total of 1,187 = 56%

See other recent news regarding: Airbus, Forecast, Outlook

Subscribe to our Travel Industry News RSS Feed Travel Industry News RSS Feed from TravelNewsAsia.com. To do that in Outlook, right-click the RSS Feeds folder, select Add a New RSS Feed, enter the URL of our RSS Feed which is: https://www.travelnewsasia.com/travelnews.xml and click Add. The feed can also be used to add the headlines to your website or channel via a customisable applet. Have questions? Please read our Travel News FAQ. Thank you.

     
Advertising
Advertising
Copyright © 1997-2024 TravelNewsAsia.com