Airbus has released its Asia-Pacific aircraft market forecast, the Global Market Forecast 2026-2045.
Passenger traffic is projected to grow at an average annual rate of 5.1%, exceeding the global average of 3.9%. Traffic is expected to more than double over the next 20 years.
Asia-Pacific will require 19,120 new passenger aircraft, representing 45% of global demand for 42,060 aircraft. One-third of these aircraft will be for replacing existing fleets, while the remainder will meet growing demand. The region’s middle-income population is forecast to reach 3 billion by 2045, serving as a key driver of growth.
Demand for new wide-body aircraft is expected to total 3,420 aircraft, accounting for nearly half of the global total. Airbus has expanded its share to 50% of the region’s wide-body aircraft order backlog over the past three years, and the Airbus A350-1000 is increasingly being introduced as a replacement for the Boeing 777-300ER.
For single-aisle aircraft, demand for 15,700 aircraft in the 100- to 244-seat category is projected by 2045. Airbus said that long-range single-aisle aircraft, including the Airbus A321XLR and Airbus A220, are enabling the launch of routes connecting regional cities without routing through conventional large hub airports. The Airbus A220 is expected to open up more than 800 currently unserved city-pair routes in the region.
As of the end of August, 119 airlines in the Asia-Pacific region operated 5,000 Airbus aircraft, giving Airbus a 58% market share. Around 3,500 additional aircraft are scheduled for delivery, representing 61% of the order backlog in the market for aircraft with 100 seats or more.
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