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Over 29,000 new aircraft required in the next 20 years

As aviation becomes increasingly accessible in all parts of the world, future Journeys will increasingly be made by air particularly to and from emerging markets. According to Airbus’ latest Global Market Forecast (GMF) in the next 20 years (2013-2032), air traffic will grow at 4.7% annually requiring over 29,220 new passenger and freighter aircraft valued at nearly US$4.4 trillion. Some 28,350 of these are passenger aircraft valued at US$4.1 trillion. Of these, some 10,400 will replace existing aircraft with more efficient ones. With today’s fleet of 17,740 aircraft, it means that by 2032, the worldwide fleet will double to nearly 36,560 aircraft. Economic growth, growing middle classes, affordability, ease of travel, urbanisation, tourism, and migration are some factors increasing connectivity between people and regions and how often they travel. Increasing urbanisation will lead to a doubling of mega cities from 42 today to 89 by 2032, and 99% of the world’s long-haul traffic will be between or through these. Traffic growth has led to average aircraft size ‘growing’ by 25% with airlines selecting larger aircraft or up-sizing existing backlogs. Larger aircraft like the A380 combined with higher load factors make the most efficient use of limited slots and contribute to rising passenger numbers without additional flights as announced by London’s Heathrow Airport. A focus on sustainable growth enabled fuel burn and noise reductions of at least 70% in the last 40 years and this trend continues with innovations like the A320neo, the A320 Sharklet, the A380 and the A350 XWB.

Friday March 1, 2024
Image of Safran's new facility in Rennes, France © Safran
Safran Aircraft Engines has unveiled plans to establish a cutting-edge foundry in Rennes, Brittany, France, dedicated to the production of turbine blades for its key engine programmes: the M88 in the defence sector and the CFM International LEAP in commercial ... Read More »
Friday March 1, 2024
Bristow Group has selected Arrius 2B2 engines and an SBH® support contract for its new H135 fleet © Safran - Thomas Garza
Bristow Group has signed a contract with Safran Helicopter Engines to power its new fleet of H135 helicopters with Arrius 2B2 engines. In-service support and MRO for these engines will be provided by an SBH® (support-by-the-hour) contract. At Heli-Expo 2024, ... Read More »
Friday March 1, 2024
Condor aircraft equipped with RECARO BL3710 seats © Condor
RECARO Aircraft Seating has been chosen by German leisure airline Condor to supply the economy-class cabins of its new Airbus fleet with the popular BL3710 and lightweight SL3710 seats. Condor’s new fleet includes 28 Airbus A321 and 13 A320 aircraft to b... Read More »
Friday March 1, 2024
Out of the 17 P-8A Poseidon orders, 14 aircraft will go to Canada and three aircraft will go to Germany © Boeing
The U.S. Navy has awarded Boeing a US$3.4 billion contract to begin manufacturing 17 P-8A Poseidon aircraft, 14 for the Royal Canadian Air Force and three additional P-8s for the German Navy. In November 2023, Canada announced its decision to acquire... Read More »
Friday March 1, 2024
Shutterstock
SMBC Aero Engine Lease (SAEL) has opted for Acumen‘s SPARTA records data room, a centralised and secure online records management system (RMS) designed for the digitised storage, retrieval and collaboration of aircraft engine records. This choice aims to... Read More »
Friday March 1, 2024
Leonardo
Leonardo has delivered another year of strong financial performance, meeting or exceeding targets. Orders show continuous and structural growth, reaching close to the level of €18 billion (over €18.7 billion on a pro-forma basis consolidating Telespaz... Read More »
Thursday February 29, 2024
Boeing Renton, Washington © Shutterstock
The Federal Aviation Administration (FAA) has instructed Boeing to develop a plan within 90 days to rectify serious quality and safety issues. As reported by CNN, the directive follows a day-long meeting between FAA Administrator Mike Whitaker and Boeing CEO D... Read More »
Thursday February 29, 2024
Southwest Airlines has launched Southwest Airlines Renewable Ventures (SARV)
Southwest Airlines has launched Southwest Airlines Renewable Ventures (SARV), a wholly-owned subsidiary of Southwest Airlines®, dedicated to creating more opportunities for Southwest to obtain scalable sustainable aviation fuel (SAF), a critical component i... Read More »
Thursday February 29, 2024
Athens International Airport © AirTeamImages
The International Air Transport Association (IATA) has unveiled its 2023 annual safety report, revealing significant advancements in global aviation safety. Notably, the year marked “best-ever” results for various parameters. In 2023, there were no... Read More »
Thursday February 29, 2024
ANAC has issued two new certifications to MESA © MESA
Portuguese maintenance provider MESA, based in Lisbon and Beja, is expanding its service portfolio; Portugal’s civil aviation authority ANAC has issued two new certifications to MESA. The MRO provider is now authorised to perform an enhanced scope of base ma... Read More »
Thursday February 29, 2024
Alberto Muñoz-Domper
Crisalion Mobility has appointed Alberto Muñoz-Domper as its new Chief Financial Officer (CFO). With more than two decades’ experience in the financial sector, Muñoz-Domper’s invaluable strategic expertise will be crucial to Crisalion Mobility’s future... Read More »
Thursday February 29, 2024
Niagara Helicopters has placed an order for six H130 helicopters
Airbus Helicopters has signed various new helicopter orders and service agreements at this year’s HAI Heli-Expo 2024. Niagara Helicopters has placed an order for six H130 helicopters, confirming a full-fleet renewal for the tourism company based in Niaga... Read More »
Wednesday February 28, 2024
THC is set to receive up to 120 Airbus helicopters of various types © Airbus Helicopters
Saudi Arabia’s commercial helicopter services provider, The Helicopter Company (THC), fully owned by the Public Investment Fund, has secured a historic framework agreement with Airbus during the ongoing HAI Heli-Expo at the Anaheim Convention Centre, Cal... Read More »
Wednesday February 28, 2024
AERO CARE's new headquarters in Miami will house the company's stock of engine parts for CFM56 and V2500 engines
AERO CARE has opened new headquarters in Miami, Fl., ensuring that AERO CARE is strategically positioned to support its global customer base. The new facility will house the organisation’s stock of engine parts for CFM56 and V2500 engines. Focused on enablin... Read More »
Wednesday February 28, 2024
Demonstration flight of AutoFlight's Prosperity eVTOL aircraft © AutoFlight
AutoFlight, the eVTOL pioneer, has performed the first inter-city electric air-taxi demonstration flight between the southern Chinese cities of Shenzhen and Zhuhai. AutoFlight’s five-seater Prosperity eVTOL aircraft completed a significant milestone by auton... Read More »
Wednesday February 28, 2024
LCI and Airbus will collaborate to jointly develop ecosystems for advanced air mobility (AAM) © Airbus
LCI and Airbus have joined forces to propel the development of advanced air mobility (AAM) ecosystems. Their collaboration is centered on strategic planning, commercialisation and financing in three pivotal AAM areas. Together, they will scrutinise market pers... Read More »
Wednesday February 28, 2024
Jon Downey CEO of EBCO Aviation Insurance
EBCO Aviation Insurance (EBCO), a wholly owned subsidiary of TITAN Aviation Fuels, has named Jon Downey as Chief Executive Officer (CEO). Downey is an experienced leader in the aviation insurance industry. He served as Vice President for United States Aviation... Read More »
Wednesday February 28, 2024
Airbus H135 helicopter
HealthNet Aeromedical Services, headquartered in Charleston, West Virginia, will soon expand its all-Airbus fleet with the addition of four H135 helicopters. As one of the largest hospital-based air medical programmes in the country, the helicopters will be us... Read More »
Tuesday February 27, 2024
Jane P. Chappell
Spirit AeroSystems Holdings has released that Jane P. Chappell will join the company’s Board of Directors, effective February 26, 2024. She will serve on the Corporate Governance and Nominating Committee and the Risk Committee. Chappell has more than four-de... Read More »
Tuesday February 27, 2024
Representatives of Honeywell and Air India at the Singapore Airshow
Collins Aerospace has been selected by Air India for a full suite of avionics hardware catering to the airline’s expanding Boeing 737 MAX fleet. The deal was announced at the Singapore Airshow 2024. The comprehensive package includes communication, navig... Read More »
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