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Demand spurs need for over 28,000 aircraft in the next 20 years

Over 10,000 passenger jets to be replaced by newer fuel efficient models

4 September 2012

Airbus’ latest Global Market Forecast (GMF) identifies a need for some 28,200 passenger and freighter aircraft (of 100 seats or more) between 2012 and 2031 worth nearly US$4.0 trillion, reconfirming an upward trend in the pace of new aircraft deliveries. Of these over 27,350 will be passenger aircraft valued at US$ 3.7 trillion.

Passenger traffic will grow at an average annual rate of 4.7 percent in the next 20 years, during which some 10,350 aircraft will be replaced by new efficient models. By 2031 the world’s passenger fleet will have expanded by 110 percent from slightly over 15,550 today to over 32,550. In the same period, the world’s freighter fleet will almost double from 1,600 to 3,000 aircraft.

Emerging economic regions will represent more than half of all traffic growth in the next 20 years. Increasing urbanisation and the doubling of the world’s middle classes to five billion people is also driving growth. By 2031 mega cities will more than double to 92 and over 90 percent of the world’s traffic will be between or through these points.

“Aside from growth in international traffic, by 2031 four of the world’s biggest traffic flows will all be domestic – US, China, Intra Western Europe and India – and these account for a third of world traffic,” says John Leahy, Airbus Chief Operating Officer Customers. “In 20 years from now, China’s domestic passenger traffic will overtake the US domestic traffic to become the number one traffic flow in our forecast. Aviation is not just essential for international commerce, but also for domestic economies too.”

Asia Pacific will account for 35 percent of all new aircraft deliveries, followed by Europe and North America with 21 percent each. In value terms, the single biggest market is China followed by the US, UAE and India.

Over 1,700 Very Large Aircraft (VLA – 400 seats and above) like the A380 will have been delivered by 2031, valued at US$600 billion. Of these over 1,330 are passenger aircraft valued at some US$500 billion (13 percent by value of passenger deliveries, 5 percent of units). Asia Pacific leads demand (46 percent) for these high capacity aircraft, followed by the Middle East (23 percent) and Europe (19 percent).

Demand for twin-aisle aircraft (250 to 400 seats), like the A330 and the A350 XWB, some 6,970 new passenger and freighter aircraft will be delivered valued at some US$1.7 trillion. Of these, 6,500 are passenger aircraft valued at US$1.6 trillion (44 percent by value of passenger deliveries, 24 percent of units). Leading demand is Asia Pacific (46 percent), Europe (17 percent) and the North America (13 percent)

In the next 20 years, over 19,500 single-aisle aircraft worth over US$1,6 trillion will be delivered (43 percent of passenger deliveries by value, 71 percent by units). A third of deliveries will be in Asia Pacific followed by North America (25 percent) and Europe (22 percent). Some 30 percent of all deliveries in this category will be for Low Cost Carriers.

For more visit the GMF section

September 9, 2012 I Written By

I'm Dave and I am a proud Avgeek. It goes way beyond liking airplanes. It is a passion that cannot be subdued.

AviancaTaca Firms up Order for 51 Eco-efficient A320 Aircraft

Purchase agreement is biggest for a single customer in Latin America history

26 January 2012 Press Release

AviancaTaca, which includes subsidiary AeroGal of Ecuador, has signed a purchase agreement for 33 eco-efficient A320neo and 18 A320 Family aircraft. The order, which is the largest from a single airline in the region in terms of number of aircraft, follows a MOU signed during the Le Bourget Air Show in Paris in June 2011.

The new aircraft will support AviancaTaca’s expansion into new markets in Latin America, while keeping the airline’s fleet among the youngest in the region.

“With this order AviancaTaca and our subsidiaries will continue the modernization process that includes fleet renewal as its primary focus,” said Fabio Villegas, President of AviacaTaca. “Our goal is to offer travelers the most comfortable and efficient aircraft in the market, and we are proud that the A320neo aircraft is recognized for its eco-efficiency and cutting-edge technology,”

“At Airbus, we are very proud of our contribution to the success story of AviancaTaca,” said John Leahy, Airbus’ Chief Operating Officer, Customers. “Thanks to its unbeatable operating costs and the comfort it offers to passengers, the A320 Family has become the first choice for single-aisle aircraft among the most important operators worldwide.”

AviancaTaca has placed firm orders for 190 Airbus aircraft (including the latest 51) and has currently in service 88 A320 Family aircraft and eight A330. AviancaTaca operates the entire A320 Family, A318, A319, A320 and A321 aircraft.

Over 8,300 A320 Family aircraft have been ordered and some 5,000 delivered to more than340 customers and operators worldwide reaffirming its position as the world’s best-selling single-aisle aircraft Family. The A320neo has over 95 percent airframe commonality making it an easy fit into existing fleets while offering up to 500 nautical miles (950 kilometres) more range or two tonnes more payload at a given range.

The A320neo is a new engine option for the A320 Family entering into service from 2015 and incorporates latest generation engines and large “Sharklet” wing tip devices, which together will deliver 15 percent in fuel savings. The reduction in fuel burn is equivalent to 1.4 million litres of fuel – the consumption of 1,000 mid size cars, saving 3,600 tonnes of C02 per aircraft per year. The A320neo NOx emissions are 50% below CAEP/6, and this aircraft also has a considerably smaller noise footprint.

To date, Airbus has sold 666 aircraft in Latin America and has a backlog of 351. The number of Airbus aircraft in operation throughout Latin America and the Caribbean reaches 435 units. In the last 10 years, Airbus tripled its in-service fleet, while delivering more than 60 percent of all aircraft operating in the region.

January 26, 2012 I Written By

I'm Dave and I am a proud Avgeek. It goes way beyond liking airplanes. It is a passion that cannot be subdued.

Stunning A320neo sales success continues in 2012

25 January 2012 Press Release

Norwegian, one of the largest low-cost airlines in Europe, has signed a Memorandum of Understanding (MoU) with Airbus for 100 A320neo aircraft. The agreement, which makes Norwegian the latest customer for the A320neo and also a new customer for Airbus, was signed by Bjørn Kjos, Chief Executive Officer, Norwegian and John Leahy, Airbus Chief Operating Officer, Customers.

The new aircraft will support Norwegian’s growth and modernisation strategy.  Norwegian (the brand name of Norwegian Air Shuttle AS) operates a network across Europe into North Africa and the Middle East, and is rapidly expanding its low cost operations. The new aircraft will feature a single class cabin layout, seating approximately 180 passengers. Norwegian’s engine decision will be announced at a later date.

“The A320neo will enable us increasing capacity while decreasing our operating costs,” said Bjørn Kjos, Chief Executive Officer, Norwegian. “With this aircraft we will continue to boost our reputation for offering high quality, low fares service with the most modern and eco-efficient fleet of aircraft in Scandinavia”.

“We are very pleased to welcome Norwegian as an all-new Airbus customer. Their A320neo commitment is a further demonstration of the undisputable success of the A320neo’s record-setting credentials. The A320neo sets new industry standards for eco-efficiency and passenger appeal.” said John Leahy.

Over 8,300 A320 Family aircraft have been ordered and some 5,000 delivered to more than 340 customers and operators worldwide reaffirming its position as the world’s best-selling single-aisle aircraft Family. The A320neo has over 95 percent airframe commonality making it an easy fit into existing fleets while offering up to 500 nautical miles (950 kilometres) more range or two tonnes more payload at a given range.

The A320neo is a new engine option for the A320 Family entering into service from 2015 and incorporates latest generation engines and large “Sharklet” wing tip devices, which together will deliver 15 percent in fuel savings. The reduction in fuel burn is equivalent to 1.4 million litres of fuel – the consumption of 1,000 mid size cars, saving 3,600 tonnes of C02 per aircraft per year. The A320neo NOx emissions are 50% below CAEP/6, and this aircraft also has a considerably smaller noise footprint.

January 25, 2012 I Written By

I'm Dave and I am a proud Avgeek. It goes way beyond liking airplanes. It is a passion that cannot be subdued.