Airbus' Global Market Forecast: Future Journeys [INFOGRAPHIC]

"By 2032, Asia-Pacific will lead the world in traffic overtaking Europe and North America," said John Leahy, Chief Operating Officer – Customers. 
Sept. 24, 2013
Airbus Global Market Forecast Future Journeys INFOGRAPHIC

Airbus (IW 1000/52), in its latest Global Market Forecast, predicted air traffic will increase 4.7% annually for the next two decades, driven by increased air transportation needs in emerging markets.

That means there will be demand for more than 29,220 new passenger and freighter aircraft, or $4.4 trillion in new aircraft.

Taking replacements into consideration, the worldwide fleet will double to nearly 36,560 aircraft.

"By 2032, Asia-Pacific will lead the world in traffic overtaking Europe and North America. Today on average, a fifth of the population of the emerging markets take a flight annually and by 2032, this will swell to two thirds," said John Leahy, Chief Operating Officer – Customers.

Industryweek Com Sites Industryweek com Files Uploads 2013 09 Airbus Infographic

Infographic courtesy of Airbus.

About the Author

Ginger Christ

Ginger Christ, Associate Editor

Ginger Christ is a former associate editor for EHS Today, a Penton publication.

She has covered business news for the past seven years, working at daily and weekly newspapers and magazines in Ohio, including the Dayton Business Journal and Crain's Cleveland Business.

Most recently, she covered transportation and leadership for IndustryWeek, a sister publication to EHS Today.

She holds a bachelor of arts in English and in Film Studies from the University of Pittsburgh.

 

 

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