Projected Airbus Market Expansion 2025: People and Business Stimulating Air Travel Growth
In a significant announcement, Airbus has revealed its forecast for the global demand for new passenger and freighter aircraft over the next 20 years (2025–2045). The projected demand stands at approximately 43,420 new deliveries, reflecting a 2.3% increase over the previous forecast and including both passenger and cargo planes[1].
The demand for narrow-body aircraft, such as the popular A320 family, is nearly three times that of wide-bodies, driven by the growth in both business and leisure travel, expanding middle-class populations, and increasing global commerce[1]. About 34,250 of these deliveries are expected to be narrow-body aircraft, while 9,170 will be wide-body jets.
Of these deliveries, around 44% (18,930 aircraft) will replace older, less fuel-efficient models, emphasizing a shift toward more fuel-efficient, environmentally friendly aircraft with increased use of sustainable aviation fuels (SAF)[1].
To meet this demand, Airbus relies on its diverse families of aircraft, including the A320 family for narrow-body offerings, the A330 family for medium-to-long-haul passenger and freight markets, and the A350 family for long-haul routes[1].
In addition to its aircraft offerings, Airbus provides extensive customer services, including maintenance, training, and digital support. These services are designed to reduce operating costs, maximise aircraft availability, and facilitate fleet transition with new technology and sustainable fuels[1].
Airbus' customer services also focus on solutions such as predictive maintenance to avoid flight disruptions and reduce fuel needs, and end-to-end supply chain management to improve spare parts availability[1]. The company is also committed to improving the recyclability of aircraft as part of its sustainability drive[1].
The aviation industry is expected to grow significantly over the next two decades, with global GDP projected to grow by 2.5% annually. This growth is expected to support increased demand for air travel and cargo transport[1]. Despite near-term uncertainties such as trade tariffs, the long-term growth is expected to be driven by expanding global middle classes and increasing business and leisure travel[1].
The growing demand for aircraft will create numerous careers for pilots, technicians, and cabin crews. In addition, the aviation industry plays a crucial role in connecting people and enabling commerce, even in times of uncertainties[1].
References: [1] Airbus (2023) The Airbus Global Market Forecast 2025–2045. Retrieved from [www.airbus.com/globalmarketforecast](http://www.airbus.com/globalmarketforecast) [2] International Air Transport Association (IATA) (2023) 20-Year Air Passenger and Cargo Forecast. Retrieved from [www.iata.org/en/economics/forecasts/20-year-forecast/](http://www.iata.org/en/economics/forecasts/20-year-forecast/) [3] Organisation for Economic Co-operation and Development (OECD) (2023) World Economic Outlook. Retrieved from [www.oecd.org/economy/outlook/](http://www.oecd.org/economy/outlook/) [4] International Civil Aviation Organization (ICAO) (2023) Aviation Recovery Task Force (ARTF) Progress Report. Retrieved from [www.icao.int/en/ARF/ARF-Progress-Reports/ARTF-Progress-Reports](http://www.icao.int/en/ARF/ARF-Progress-Reports/ARTF-Progress-Reports)
In the context of Airbus' forecast for global aircraft demand, the increasing global demand for air travel and cargo transport is not limited to passenger planes but also extends to cargo aircraft, highlighting the importance of technology in efficient logistics and commerce. With the expansion of middle-class populations and the surge in business and leisure travel, the demand for fuel-efficient and environmentally friendly aircraft, like those using sustainable aviation fuels (SAF), is expected to rise, intersecting the fields of both finance and technology.
