GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

#AirbusGMF

Dubai, United Arab Emirates -  September 19, 2019:   The world's passenger and freighter aircraft fleet is set to more than double from today's nearly 23,000 to almost 48,000 by 2038 with traffic growing at 4.3% annually, also resulting in a need for 550,000 new pilots and 640,000 new technicians. 

By 2038, of the forecast 47,680 fleet, 39,210 are new and 8,470 remain from today. By updating fleets with latest generation fuel efficient aircraft such as the A220, A320neo Family, the A330neo and the A350, Airbus believes it will largely contribute to the progressive decarbonisation of the air transport industry and the objective of carbon neutral growth from 2020 while connecting more people globally.

Reflecting today's evolving aircraft technology, Airbus has simplified its segmentation to consider capacity, range and mission type. For example, a short haul A321 is Small (S) while the long-haul A321LR or XLR can be categorised as Medium (M). While the core market for the A330 is classified as Medium (M), it is likely a number will continue to be operated by airlines in a way that sits within the Large (L) market segmentation along with the A350 XWB.

The new segmentation gives rise to a need for 39,210 new passenger and freighter aircraft -29,720 Small (S), 5,370 Medium (M) and 4,120 Large (L) - according to Airbus' latest Global Market Forecast 2019-2038. Of these, 25,000 aircraft are for growth and 14,210 are to replace older models with newer ones offering superior efficiency.

Resilient to economic shocks, air traffic has more than doubled since 2000. It is increasingly playing a key role in connecting large population centres, particularly in emerging markets where the propensity to travel is amongst the world's highest as cost or geography make alternatives impossible. Today, about a quarter of the world's urban population is responsible for more than a quarter of global GDP, and given both are key growth drivers, Aviation Mega Cities (AMCs) will continue to power the global aviation network. Developments in superior fuel efficiency are further driving demand to replace existing less fuel efficient aircraft.

“The 4% annual growth reflects the resilient nature of aviation, weathering short term economic shocks and geo-political disturbances. Economies thrive on air transportation. People and goods want to connect,” said Christian Scherer, Airbus Chief Commercial Officer and Head of Airbus International. “Globally, commercial aviation stimulates GDP growth and supports 65 million livelyhoods, demonstrating the immense benefits our business brings to all societies and global trade.”

Airbus aircraft are market leaders in their segments. The Small (S) segment includes the A220 Family and all variants of the A320 Family. The core Airbus products in the Medium (M) segment are the A330 and A330neo Family, and can also include the smaller A321LR and XLR versions used on long-haul missions. The largest segmentation Large (L), is represented by the A330neo Family together with the larger A350 XWB Family which also includes the Ultra Long Range (ULR) version. This segmentation will continue to be served by the A380 at the upper end.



Posted by : GoDubai Editorial Team
Viewed 3819 times
Posted on : Thursday, September 19, 2019  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Emirates kicks off Rugby World Cup 2019™ with referee Nigel Owens
Next Story : Emirates SkyCargo works with Dubai start-up for efficient and transparent sourcing of seafood
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Foreo Launches Luna 3 to Refresh, Hydrate and Tone Up Your Skin
Say goodbye to dull skin with new gel masks @Glambeaute.com
Boost Your Beauty Routines with Wet n Wild's NEW Limited Edition Collections
Aster DM Healthcare wins prestigious awards for its CSR efforts
Inglot Cosmetics Partners With Cartoon Network for Limited Edition “The Powerpuf...
PandoraxMillieBobbyBrown Collection
Move Aside C-beauty, K-beauty and J-beauty - There's a New Trend in Town and It...
Think LUNETTE for an earth-friendly period
Lanvin S.A. And Marchon Eyewear, Inc. Sign Exclusive Global Licensing Agreement ...
Autumn/Winter 19: Step out in the latest styles with City Centre Deira and City ...
Paisley Print
Lacoste Spring Summer 2020 Fashion Show
ACE launches its new and inspirational Outdoor collection
PAN Emirates opens a new store in Burjuman
The Big Red T is BACK! The best time to buy a new Toyota is NOW
Chain Reaction
Puffer Coats
Dress for Diwali With the Rack by Kachins
Restoration by Parmigiani Fleurier -The Yusupov Egg
Handbags and Gladrags
New Strategic Partnership with Hewlett Packard Enterprise to help accelerate Abu...
‘A Gift of Gold' offers at Malabar Gold & Diamonds
HITEC Dubai 2019 Announced
Unifonic empowers business to capitalize on instant messaging apps to engage wit...
MBRU and King Saud University in Saudi Arabia join forces to enhance academic co...
Eighth World Championship title in all categories for Tissot Ambassador Marc Marquez
Celebrate guilt-free shopping to your fullest!
VAIO returns to Middle Eastern in partnership with Nexstgo
Al-Futtaim Lexus introduces the most captivating new 2020 Lexus RX with a refres...
Sandro Launches Evening Capsule Collection
Peugeot Boxer 4x4 Concept Revealed
Saudi Arabia's Ministry of Energy highlights enhanced cybersecurity credentials ...
Hazzaa AlMansoori Undergoes Medical Experiments at Stars City as part of His Sci...
Dubai Land Department welcomes Saudi Minister of Housing
Headline: UAE all set for 10th edition of Annual Investment Meeting
Team Abu Dhabi Stars Chase Double World Title Boost in China
Victoria Beckham Eyewear Debuts New Collection for Fall 2019
His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum Challenges the Cit...
Al Tayer Motors launches New Ford Escort in the UAE
During a press conference to announce the completion of preparations of Summit t...
Sofas for Lavish Lounging from 2XL Furniture & Home Decor
Microsoft introduces team-empowering Surface Hub 2S to UAE market at GITEX Techn...
Dubai Cares unveils ground-breaking Early Childhood Development (ECD) solutions ...
Ajman Opens the Largest Private Academic Hospital in the Region
The S Hotel Al Barsha reveals five new food and beverage offerings
Union Coop Heads to China to Maintain Fish Food Security Standards
Save the Children Jordan launches TREE program “Transforming Refugee Education t...
Halloween Celebrations at Le Meridien Dubai Hotel and Conference Centre
Caparol Paints completes two decades of success, innovation and sustainability i...
HE Hamad Obaid AlMansoori: Hazzaa has shown excellent health condition