Airbus has forecast the need for 1,060 new aircraft in Brazil through to 2031. According to its latest Global Market Forecast the manufacturer predicts a requirement for 700 single-aisle, 310 twin-aisle and 50 very large aircraft.
Airbus has based its views on Brazil’s forward GDP forecasts, which it suggests will grow above the world average. Brazil’s economy is expected to double over the next 20 years, with the country’s domestic market having already doubled since 2006.
Airbus has sold more than 700 aircraft in Latin America and has a backlog of nearly 350 aircraft. It sees the need for 2,100 aircraft throughout Latin America in the coming 20 years.
Fly into Spring with Australian Aviation’s latest print edition. Starting from $49.95 a year, you can read comprehensive coverage on all sectors of the industry to keep you in the loop. Get your hands on the subscription today. Subscribe now at australianaviation.com.au.