Airbus forecasts a market for nearly 11,000 airliners in the Asia-Pacific region over the next two decades. (Airbus)
On the sidelines of the Singapore Airshow, Airbus has released its updated global market forecast for the Asia-Pacific region.
The manufacturer predicts 10,940 new passenger and cargo airliners valued at US$1.8tr (A$2.0tr) will be required in our region over the next 20 years, representing 37 per cent of all new global aircraft sales during that period.
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Of that number, Airbus forecasts 4,130 airliners will be wide-bodied aircraft, with the remainder being made up of single-aisle airliners such as the A320 Family.
“There is no doubting the importance of the Asia-Pacific market both today and in the future. We are pleased that Airbus plays a major role in this great growth story,” John Leahy,Airbus’s COO Customers said in a statement. “All of our products are in the region in significant numbers, and we continue to dominate sales in this region because we have the aircraft Asian-Pacific airlines need.”
Where once they were forecasting very similar figures, the Airbus forecast has diverged somewhat from rival Boeing’s in recent times. Boeing has predicted some 12,840 airliners will be sold in the region over the same period.
Indeed, I completely concur with this estimate, our think tank has run the numbers as well, and we are inline with these predictions.
Steve S
says:
One has to ask where the suitably qualified Pilots to fly these aircraft will come from. Short of the military and the few airlines that offer limited placements for Training schemes, to try and fund your Commercial Licence yourself with the necessary ratings and endorsements is fast becoming too cost prohibitive.
Neil Hansford
says:
Organisations like Australian Wings Academy, Coolangatta and expanding to additional facilities at Glen Innes, is able to offer Government funded VET Fee-Help loans sufficient to pay for courses to take CASA PPL holders through to MECIR and Cert IV qualifications. VET loans are sufficient to pay for all tuition and flying in latest generation Diamond DA40 and twin DA42 aircraft. Those without CASA PPL can also do this qualification at AWA but not subject to VET loans. Therefore there is a route to commercial qualifications supported by the Australian Government.
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Lance Winslow
says:Indeed, I completely concur with this estimate, our think tank has run the numbers as well, and we are inline with these predictions.
Steve S
says:One has to ask where the suitably qualified Pilots to fly these aircraft will come from. Short of the military and the few airlines that offer limited placements for Training schemes, to try and fund your Commercial Licence yourself with the necessary ratings and endorsements is fast becoming too cost prohibitive.
Neil Hansford
says:Organisations like Australian Wings Academy, Coolangatta and expanding to additional facilities at Glen Innes, is able to offer Government funded VET Fee-Help loans sufficient to pay for courses to take CASA PPL holders through to MECIR and Cert IV qualifications. VET loans are sufficient to pay for all tuition and flying in latest generation Diamond DA40 and twin DA42 aircraft. Those without CASA PPL can also do this qualification at AWA but not subject to VET loans. Therefore there is a route to commercial qualifications supported by the Australian Government.