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 4142 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
Enjoy Smoother Skin with the current obsession from PMD - The Personal Microderm...
Saint Honore Haussman
Energize & Refresh Your Skin With the Foreo Luna 2 for Men
Hamdan bin Mohammed calls on the city to be ‘In It Together' for the Dubai Fitne...
The new urban warrior unleashed - Corum injects modernity and athleticism into ...
6 Ways To Wear The Houndstooth Print
Medusa Lock Icon
Middle East Retail Forum (MRF) 2019 focused on RetailNEXT
This visually-impaired Emirati knows no impossible
One stop shop for classifieds and deals in UAE- QUOODO.com
Heritage village at Global Village offers a glimpse into Emirati traditions
Marks & Spencer Launches Its New Sleepwear Collection for AW19
OMEGA's new Museum
Choithrams Customer lends her voice to World Food Day in support of The United N...
More than 1,900 beneficiaries at Al Mizhar and Umm Al Sheif Islamic Cultural cen...
Malabar Gold & Diamonds inaugurates its relocated outlet in Hamdan Street, Abu D...
Revving The Engines At Rallylegend 2019 With Eberhard & Co.
Expo Centre Sharjah announces winner of 1KG gold
The Workwear Edit
Diwali Feast at Purani Dilli at Four Points by Sheraton, Sheikh Zayed Road
Dubai-Based NRI business leader donates INR 10m to his Alma Mater to setup Innov...
KOBEYa - The First Japanese and Far Eastern Gluten Free Café opens in the UAE
Alno launches new products in UAE in strategic partnership with Diemme kitchen
DAFZA contributes 12% to Dubai's foreign trade in first half of 2019
Worldsteel Short Range Outlook October 2019
IFS lays out blueprint for new era of intelligent and autonomous enterprise solutions
Dubai Shopping Malls Group Announces “shop & Win Gold” Promotion for Diwali 2019
The Turtleneck Edit
Al Majid Motors Co. announces 15-day sale with generous discounts on latest Kia ...
Montegrappa Welcomes Back Hazzaa Al Mansoori and Marks the Historic Occasion by ...
WCO delegation visits Dubai Customs and views latest practices
The new Chronoswiss Regulator Classic – All-rounder in two sizes
Dubai Refreshment Company Wins First Prizeat the Dubai Green Industrial Award 2019
Baarish 2.0 is back by popular demand for a second run at Bollywood Parks™ Dubai
November Specials at Le Meridien Al Aqah
Middlesex University Dubai Leads The Way Being The 1st University In The UAE To ...
Commercial Bank of Dubai adopts the Microsoft Cloud to accelerate digitization
Celebrate Diwali with BurJuman
Hormann introduces faster and more energy efficient fourth generation garage doo...
The House of Karl Lagerfeld Announces “A Tribute to Karl”
KOTRA successfully wrapped up its K-Beauty Brand-up Seminar
EWEC and ACWA Power Announce the Financial Closing of the World's Largest Revers...
Golden Bridge Round 43 Art Deco: Two suspension points
Train like a Champ with Champion Cleaners
Tonino Lamborghini presents its luxury Home accessories at the Dubai experience ...
In Pictures: Dubai Fitness Challenge Starts Off Strong!
EWEC receives six proposals for Fujairah F3 power plant project
Daiso releases its collection of Halloween decorations!
France to introduce new operating models & capabilities at Gulfood Manufacturing 2019
ENEC and Rosatom continue cooperation in the peaceful use of nuclear energy