Airbus Foresees Demand For 39,000 New Passenger & Freighter Aircraft By 2040
In the next 20 years, Airbus forecasts demand for air transport to progressively shift from fleet growth to the accelerated retirement of older, less fuel-efficient aircraft, resulting in a need for some 39,000 new-build passenger and freighter aircraft, 15,250 of these for replacement. As a consequence, by 2040 the vast majority of commercial aircraft in operation will be of the latest generation, up from some 13% today, considerably improving the CO2 efficiency of the world’s commercial aircraft fleets. The economic benefits of aviation extend beyond the sector, contributing around 4% to annual global GDP and sustaining some 90 million jobs worldwide.