Asia-Pacific to drive demand for bigger and more efficient aircraft

Asia-Pacific airlines will lead global demand for larger and more eco-efficient aircraft types over the next 20 years, according to the latest market forecast for the region by Airbus. The forecast was presented today in Singapore by John Leahy, Chief Operating Officer, Customers, Airbus. Altogether, airlines from the region will take delivery of around 9,870 new passenger and cargo aircraft during the forecast period, valued at US$1.6 trillion. This represents 35% of all new aircraft deliveries worldwide over the next 20 years, ahead of Europe and North America. In terms of value, the region will account for 40% of the