Business

September 25, 2013

Airbus sees world aircraft fleet doubling by 2032

Pan Pylas
Associated Press

Airbus is predicting that the number of jet planes around the world will double in the next 20 years, largely to satisfy demand in emerging markets, particularly China.

At a press briefing in London, where it unveiled its market forecasts for the period up to 2032, the European plane maker said air traffic will grow 4.7 percent annually.

That will require 29,220 new passenger and freighter aircraft, of which 10,400 will replace existing planes with more efficient ones. The forecast is an increase from last year’s, in which Airbus predicted 28,200 aircraft would need to be built through to 2031.

Airbus values the new aircraft needs at $4.4 trillion. Single-aisle aircraft are expected to account for around two-thirds of the new production, while a little over 1,700 very large aircraft, such as Airbus’ superjumbo A380, will have to be built. By 2032, Airbus says the worldwide fleet will double to nearly 36,560.

The company said there are many factors behind the increase, such as economic growth, a bigger global middle class, migration and tourism.

It made much of the advance of urbanization around the world, notably in China, for driving demand. Airbus said that by 2032 the number of mega cities – those whose airports serve more than 10,000 long-haul passengers daily – will more than double to 89 from 42 now and that 99 percent of the world’s long-haul traffic will be between or through these.

Given the underlying demographic and economic trends, Asia Pacific will overtake Europe and North America in terms of traffic by 2032, according to John Leahy, Airbus’ chief operating officer for customers.

ìToday on average, a fifth of the population of the emerging markets take a flight annually and by 2032, this will swell to two thirds,î said Leahy, was due to fly to China later Sept. 24, where is expected to announce more orders for the company’s planes. ìDomestic China will be the biggest market.

Airbus’ projections are similar to those of its great rival, Boeing. In June, the U.S. plane-maker forecast the need for 35,280 new planes by 2032, valued at $4.8 trillion. And like Airbus, it said single-aisle airplanes, such as its 737 range, will take the lion’s share of the orders in light of the growth in emerging markets such as China.

Though smaller planes are the most in demand, Airbus’ Leahy said larger planes will garner more and more orders, particularly in Asia Pacific.

Sept. 24, British Airways becomes the tenth airliner to commercially fly the A380, with a mid-afternoon flight to Los Angeles.




All of this week's top headlines to your email every Friday.


 
 

 
Lockheed Martin photograph by Mike Wilhelm

Enhanced F-35 Lightning II logistics system delivered to flight test locations

Lockheed Martin photograph by Mike Wilhelm United Kingdom and U.S. Air Force F-35 maintainers support ALIS testing at Lockheed Martin’s Orlando facility in August 2014. Before software is released, maintenance personnel try n...
 
 
NASA photographs by Ken Ulbrich

NASA intern helps develop UAS in the NAS Human-Systems Integration

NASA photographs by Ken Ulbrich NASA Armstrong summer intern Kassidy McLaughlin contemplates the Smart Eye Pro optical tracking display during a UAS in the NAS simulation. The system tracks a UAS pilotís eye movements, quantif...
 
 
Boeing photograph

Boeing completes design review for U.S. Air Force’s Talon HATE program

Boeing photograph The Talon HATE system is designed to initially be carried in a pod attached to Boeingís F-15C fighter aircraft as shown in this artistís concept. It combines information from fighter networks, national sourc...
 

 

Sikorsky Aircraft selects LORD Corporation’s UltraConductive Technology for the S-97 RAIDER

LORD Corporation announced Sept. 16 that Sikorsky Aircraft Corp., a subsidiary of United Technologies Corp. [NYSE:UTX], has selected its UltraConductive films and coatings for lightning strike protection for the S-97 RAIDERô program. The Sikorsky program requires LORD to provide technical support and education on how to use UltraConductive solutions across the Sikorsky platform for direct...
 
 
Courtesy graphic

Lockheed Martin conducts flight tests of aircraft laser turret for DARPA

AFRL photograph The Aero-adaptive Aero-optic Beam Control turret that Lockheed Martin is developing for the Defense Advanced Research Projects Agency and the Air Force Research Laboratory has completed initial flight testing. T...
 
 

Lockheed Martin advances live, virtual, constructive training in flight test

https://www.youtube.com/watch?feature=player_embedded&v=jvXmOW8L3mU Lockheed Martin successfully tested a new solution for integrated live, virtual and constructive training during a flight demonstration at the company’s Aeronautics facility in Fort Worth, Texas. During the flight test, a pilot flying in a live F-16 engaged in a synthetic training exercise with a pilot flying as wing...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>