Airbus reports sustained strong airplane demand

Airbus has confirmed that there is still strong demand for aircraft, with delivery operations continuing to increase despite geopolitical challenges and supply chain issues. Since the beginning of the year, aircraft deliveries have risen by 9% compared to the same period last year. The company anticipates a global demand for approximately 42,000 new aircraft over the next twenty years, with 45% of this demand concentrated in the rapidly growing Asia-Pacific region. The market indicates that China will need 8,830 aircraft in the next two decades to renew its fleets, while India will require 3,480 aircraft, and the entire region will need 6,880 aircraft. Airbus expects air traffic in Asia to grow at an annual rate of 5.1%, with an even higher increase in the Indian market at 9.3%. However, it has lowered its growth forecasts for the Chinese market to 4.7% due to economic factors.

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