Airbus: the epidemic will not affect the demand for new aircraft

Airbus predicts, in a report released on Saturday that demand for new aircraft will not be affected by the Covid-19 epidemic, while the European group is counting on replacing fleets with aircraft that emit lower levels of carbon dioxide.

In its new market forecast on the eve of the opening of the Dubai Airshow, it said demand for new aircraft will reach “approximately 39,000” new passenger and freight aircraft by 2040.

This estimate is in in line with previous forecasts issued by “Airbus” in September 2019 before the spread of the Corona virus and stated at the time that the demand for new aircraft would reach 39,210 aircraft over the next two decades.

And “Airbus” is more conservative than its American competitor, “Boeing”, which predicts the need for 43,610 new aircraft, and the “Cerium” group, which specializes in aviation, which plans to order some 43,315 new aircraft.

Last October, global transport traffic was still at less than half of what it was before the outbreak and is expected to return to previous levels between 2023 and 2025, without hampering the development of aviation in the long term.

“Two years of growth were lost during the Covid-19 period, but passenger traffic has shown its resilience, returning to an annual growth level of 3.9 percent,” Airbus said in its report.

And he considered that “the middle-class groups, who are more wary of the use of airplanes, will increase by about two billion people”, noting that the fastest growth will be in Asia and China will become the largest domestic market.

Airbus believes the renewal of existing aircraft will be greater than anticipated in the previous forecast by approximately 7% and plans to replace 15,250 aircraft.

Modern aircraft consume about 15-20% in less fuel and therefore emit less carbon dioxide than the previous generation.

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