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17 June 2008
17. June 2008 Commercial Aircraft

Airbus foresees a sustained demand for new passenger aircraft in the Nordic countries during the next two decades


Growing aviation mobility demand and the need more for eco-efficient aircraft will drive the Nordic countries toward the acquisition of 436 new passenger aircraft in the coming 20 years, according to Airbus' latest Global Market Forecast.

Nordic airlines will need 436 new passenger aircraft with 100 seats or more over the next 20 years in response to replacement and growth in this market, according to the latest Airbus Global Market Forecast (GMF).

These additional aircraft will include 355 short haul, single-aisle aircraft and 81 twin-aisle, medium to long-range wide-body aircraft. They represent a value of US$40 billion at current list prices. The main drivers for these investments are the growing aviation mobility demand and the need to replace older, less fuel-efficient aircraft.

Taking into account the acquisition of new aircraft as well as the replacement of old ones, in-service Nordic passenger aircraft fleet above 100 seats is expected to grow from a total of 311 aircraft in operation in 2006 to 531 by 2026.

To offset aviation's growth from its environmental impact, the European manufacturer is making significant investments in research, technology and innovation. The aim is to build the most eco-efficient aircraft possible. Results are visible: the A380 already delivers today the fuel efficiency average of the world's fleet in the 2020s (less than three litres per passenger and 100 kilometres) - as will the new A350 XWB.

Airbus is supporting the ACARE vision to reduce CO2-emissions by 50 per cent, Nitrous Oxides by 80 per cent and perceived noise by 50 per cent by 2020. Airbus performed the world's first alternative fuel flight with a civil airliner. This flight with a gas-to-liquid fuel (GTL) and the successful test of a zero-emission fuel cell on board an A320 are concrete demonstrations of the company's commitment to enhance the aviation sector's eco-efficiency, creating more value with less environmental impact.

"The Nordic countries are an important, strategic and environmentally sensitive market," says Paul Bonnabau, Airbus Market Research & Forecast Analyst. "The region has long recognized that economic growth and environmental protection go hand in hand. We are convinced that the Airbus A320 Family, the A330/A340 Family and especially the A350 XWB are the right aircraft to address today's operational and environmental needs best."

The Airbus aircraft in-service market share in the Nordic countries has continuously risen - from 2 per cent in 1990 to 21 per cent today. Seven major airlines (Air Atlanta Icelandic, Air Greenland, Atlantic Airways, Finnair, MyTravel Airways, Novair and SAS) - as well as one leasing company (Avion A/C Trading) - are relying on the excellence of Airbus' modern product range and have ordered 85 Airbus state-of-the-art aircraft (37 A320 Family aircraft, six A300s, eight A330-200 freighters, 23 A330/A340s and eleven A350 XWBs). 30 aircraft are still in the Airbus backlog for delivery.

In total, air travel in the Nordic countries has grown by 38 per cent from 2000 to 2007. This demand for air transport is mainly driven by business, private and leisure-purpose demand. In the Nordic region, aviation is the first contributor to international tourist arrival growth.

This sustained economic and tourism development translates in a substantial requirement for medium and long haul aircraft. Airbus sees a high potential for both, domestic and European routes to/from the Nordic countries to be served by single-aisle A320 Family aircraft and/or long-haul routes to be operated by efficient twin-aisle aircraft, such as the A330/A340 Family and the A350 XWB.

Airbus has been working with the Nordic aviation industry since 1999. The total Airbus sourcing in Scandinavia 2007 alone amounts to almost 37 million Euros and encompasses aerostructures, tools, consultancy and services.

Sensitive to its position as an industry leader, Airbus strives to be a truly eco-efficient enterprise. To that end Airbus is the first aeronautics company in the world to have earned the ISO 14001 environmental certification for all production sites and products for the entire life cycle. Airbus seeks to ensure that air transport continues to be an eco-efficient means of transport, delivering economic value while minimizing its environmental impact.

Read the feature stories on Airbus' Global Market Forecast for the following countries/regions:

Global Market Forecast for North America
Global Market Forecast for Russia
Global Market Forecast for Spain
Global Market Forecast for Mexico
Global Market Forecast for Brazil
Global Market Forecast for the Chinese Mainland
Global Market Forecast for Argentina
Global Market Forecast for Central Europe
Global Market Forecast for Germany

See the special Airbus website section with the
complete 2007-2026 Global Market Forecast

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