Global Market Forecast 2014-2033
Airbus’ Global Market Forecast for 2014-2033 offers a forward-looking view of the air transport sector’s evolution – accounting for such factors as trade and tourism flows, oil prices, environmental issues, innovation, and competition.
Titled “Flying on demand” this new forecast – which serves as a reference for airlines, airports, investors, governments, non-government agencies and others – anticipates that air traffic will grow at 4.7 per cent annually, requiring over 31,350 new passenger aircraft and freighters at a value of nearly US$4.6 trillion.
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Presentation by John Leahy, Airbus Chief Operating Officer, Customers
The global air freight industry – which averaged a growth rate of over 4 per cent in the first half of 2014 – is starting to show positive signs after two years of market difficulties. As outlined in this booklet covering the 2014-2033 timeframe, Airbus expects that global air freight traffic will continue to grow, but at a slower pace than during the 2000s, driven primarily by emerging markets.
Focusing on the 2014-2033 timeframe, “Flying on demand” – Airbus’ latest Global Market Forecast (GMF) – reconfirms the continued upward trend in the aviation market, forecasting a need for over 31,000 new passenger and freighter aircraft. This booklet also outlines the importance of emerging markets in driving global air traffic growth during the next 20 yearsAirbus GMF booklet 2014-2033 – 1.9 MB
2014 marks 100 years since the startup of commercial flight operations and Airbus’ latest Global Market Forecast (GMF) focuses on the air transport sector’s ongoing evolution and growth. Covering the 2014-2033 timeframe, this annual outlook’s “Flying on demand” title signifies that air travel is an expectation – not a dream – for an increasing number of people worldwide, with emerging markets driving an expected passenger traffic growth of 4.7% annually.