Airbus forecasts significant aircraft growth by 2036
The aircraft giant also suggests that first-time flyers will rise, along with the amount of tourism travel and new route possibilities.
“Air travel is remarkably resilient to external shocks and doubles every 15 years. Asia Pacific continues to be an engine for growth, with domestic China to become the world’s largest market,” stated Airbus’ Chief Operating Officer for Customers, John Leahy. “Disposable incomes are growing and in emerging economies the number of people taking flight will nearly triple between now and 2036.”
Airbus further predicts that the airline industry would most likely see more domestic travel within China. The company is expecting to see an increase of 3.6 times more domestic travellers in China alone by 2036.
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