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Airbus paints a rosy picture
Source: Bloomberg News |
September 5, 2012, Wednesday
|
Print Edition
Print Edition
AIRBUS SAS, the largest maker of commercial aircraft, predicted airlines will buy US$3.9 trillion worth of planes in the next two decades, driven by demand in China and India.
Airlines will buy 28,200 planes, Airbus said in its annual industrywide forecast yesterday. The prediction is 1.3 percent higher than what Airbus anticipated a year ago, while trailing the 4.7 percent growth forecast in average annual passenger traffic for the next two decades.
Airbus, based in Toulouse in southern France, has remained behind Boeing Co in deliveries so far in 2012, after leading the industry every year since 2003. Both companies make the bulk of their business with single-aisle aircraft that serve shorter routes, and Airbus predicted yesterday that by 2031, four of the world?s biggest traffic flows will be domestic.
"Emerging economic regions will represent more than half of all growth in the next 20 years," Airbus said in a statement. Most aircraft, or 35 percent, will go to buyers in the Asia-Pacific region, with China the largest market by value.
The global fleet will grow to 32,550 passenger aircraft from 15,550 by 2031, and about 10,350 in-service airliners will be replaced, Airbus said.
The total compares with competitor Boeing's July forecast for 34,000 planes valued at US$4.5 trillion, including 2,020 regional jets Airbus does not count.
Airlines will buy 28,200 planes, Airbus said in its annual industrywide forecast yesterday. The prediction is 1.3 percent higher than what Airbus anticipated a year ago, while trailing the 4.7 percent growth forecast in average annual passenger traffic for the next two decades.
Airbus, based in Toulouse in southern France, has remained behind Boeing Co in deliveries so far in 2012, after leading the industry every year since 2003. Both companies make the bulk of their business with single-aisle aircraft that serve shorter routes, and Airbus predicted yesterday that by 2031, four of the world?s biggest traffic flows will be domestic.
"Emerging economic regions will represent more than half of all growth in the next 20 years," Airbus said in a statement. Most aircraft, or 35 percent, will go to buyers in the Asia-Pacific region, with China the largest market by value.
The global fleet will grow to 32,550 passenger aircraft from 15,550 by 2031, and about 10,350 in-service airliners will be replaced, Airbus said.
The total compares with competitor Boeing's July forecast for 34,000 planes valued at US$4.5 trillion, including 2,020 regional jets Airbus does not count.
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