Supplier Spotlight

Latest video

A look inside the world's only private Boeing 787 Dreamliner

Visitors to Dubai Air Show 2017 had the opportunity to explore the world's only private Boeing 787 Dreamliner. The jet is operated by Deer Jet and managed by UAS International Trip Support, and features a main lounge that accommodate 16 guests, two large dining tables, an enclosed master bedroom, and fully fitted bathroom.

27th November 2017



Duncan Aviation begins work on US$70m Utah maintenance facility

Duncan Aviation has begun construction on a new US$70m business aircraft maintenance, modifications and paint complex in Provo, Utah, in the USA. The company will add nearly 275,000ft² of buildings, with a 222,000ft² maintenance and modifications center and a 53,000ft² paint facility.

23rd October 2017

Do you believe cryptocurrencies are a reliable form of payment?

News

Additional 530,000 pilots needed in the next 20 years, says Airbus Global Market Forecast

The world’s passenger aircraft fleet with over 100 seats is set to more than double in the next 20 years to over 40,000 planes, with traffic set to grow at 4.4% per year according to Airbus’s latest Global Market Forecast for 2017-2036.

A doubling in the commercial fleet over the next 20 years is expected to see a need for 530,000 new pilots and 550,000 new maintenance engineers. This coincides with Airbus’s expansion of its global network of training locations, up from five to 16 in the space of three years.

The forecast found air traffic growth is highest in emerging markets such as China, India, the rest of Asia and Latin America, and almost double the 3.2% per year growth forecast in mature markets such as North America and Western Europe. Emerging markets that are currently home to 6.4 billion of the world’s 7.4 billion population will account for nearly 50% of the world’s private consumption by 2036.

Over the next 20 years, Asia-Pacific is set to take 41% of new deliveries, followed by Europe with 20% and North America at 16%. Middle class numbers will almost double to nearly five billion as wealth creation makes aviation more accessible, particularly in emerging economies where spending on air travel services is predicted to double.

John Leahy, chief operating officer for customers at Airbus Commercial Aircraft, said, “Air travel is remarkably resilient to external shocks and doubles every 15 years. Asia-Pacific continues to be an engine for growth, with domestic China to become the world’s largest market.

“Disposable incomes are growing and in emerging economies the number of people taking a flight will nearly triple between now and 2036.”

In the twin aisle segment, such as the A330 Family, A350 XWB Family and the A380, Airbus forecasts a requirement for around 10,100 aircraft valued at US$2.9tn.

In the single aisle segment, such at the A320neo Family, Airbus forecasts a requirement for approximately 24,810 aircraft valued at US$2.4tn. In 2016, the A321 represented over 40% of single aisle deliveries and over 60% of single aisle orders.

June 12, 2017

Written by Kirstie Pickering


RECEIVE THE
LATEST NEWS


Your email address:



Read Latest Issue

Exclusive Articles

Maria A. Sastre, president and COO, Signature Flight Support, shares her views on the ongoing debate surrounding FBO fees
Click here to read more


Ries Vriend, CEO of Amsterdam Software – FBO One, discusses potential changes to regulation surrounding FBO pricing transparency in the USA.
Click here to read more


The General Data Protection Regulation (GDPR) comes into effect in May and businesses must start preparing early to get a plan in place for its arrival, according to Paula Tighe, information governance director at law firm Wright Hassall.
Click here to read more



Submit your industry opinion

Industry BlogDo you have an opinion you'd like to share with the business airport community? Good or bad, we'd like to hear your views and opinions on the leading issues shaping the industry. Share your comments by sending up to 500 words to ben.sampson@ukimediaevents.com

Submit Your Recruitment Ad

Recruitment AdTo send us your recruitment advertising or to receive information on placing a banner please email jag.kambo@ukimediaevents.com

Supplier Spotlight

Supplier Spotlight Want to see your company included? Contact jag.kambo@ukimediaevents.com for more details.