Chennai Investment：Airbus expects global commercial planes to double the growth of the main growth engine in Asia in the next two decades
The number of global commercial aircraft fleets in the Airbus Group is expected to double the increase in the next 20 years.Behind this growth expectation is the continuous growth of Asia, especially India and Indian economies, and they will become the main driving force for the growth of the aviation industry in the next 20 years.Chennai Investment
According to the annual global market forecast report of Airbus, it is expected that by 2043, the number of global aircraft will surge to 48,230, which will be doubled compared to the 24,240 settlement early this year.Airbus further predicts that in the next 20 years, the delivery of new aircraft in the industry will reach 42,430, of which 41,490 will be passenger planes. These two numbers will increase by 4%compared to the previous survey.It is worth noting that about 45%of new aircraft delivery will be used to replace old fuel -efficient old aircraft, which indicates that the industry is developing in a more environmentally friendly and more efficient direction.
Joost Van Der Heijden, the marketing director of the Airbus Company, emphasized the expansion trends of Indian airlines in a conference call, especially their growth in international and wide -body aircraft business. These businesses were usually led by foreign airlines.
With the growth of the middle class and the surging demand for flight, Indian airlines are actively ordering new aircraft to meet market demand.Market leader INDIGO has ordered more than 1,000 aircraft, including the first batch of long -distance aircraft orders signed recently.Recently, the privatized Air India hopes to enhance its fleet strength and improve the service level of the entire network.
Airbus’s market analysis and forecast director Bob Lange pointed out that the growth of Asia and the Middle East is particularly significant, especially India and India.He added that the domestic passenger flow in India is expected to surpass the United States and become the world’s largest aviation market.
Although Airbus and its main competitors Boeing (BA.US) is working hard to increase production, many airlines in the United States and Europe are cautious about the recent market prospects.For example, Germany Hansha Airlines has lowered the annual profit expectations due to the rise in unit costs and the challenge of air ticket prices.Da Mei Airlines warned that the number of domestic airline’s passenger rate was difficult to meet expectations, and fare war caused a decline in air ticket prices and affecting profits.
It is reported that Boeing plans to increase the output of 737 MAX to about 50 per month during 2025/26. Last year, it was reported that the company plans to increase its output to 52 aircraft per month by January 2025.However, due to the quality inspection of some quality problems and the strengthening of regulatory agencies, Boeing has to temporarily reduce production speed in some cases to ensure that the quality management system of its aircraft has been improved.
Despite the challenge, Boeing is still committed to increasing production, and it is expected that this year’s cash flow will remain stableUdabur Wealth Management. Based on the current output of 38 737 aircraft and 737 and 787 in inventory.In addition, Boeing stated on April 27, 2022 that it is steadily increasing the output of 737 MAX, which is expected to reach 31 per month in the second quarter.
The International Aviation Transportation Association (IATA) said last month that the demand for cross -border travel in Asia is still suppressed, but it is expected that the region will achieve a profit of about $ 600 million this year.In contrast, the North American market has become the biggest contributor of the aviation industry’s profit for $ 14.8 billion.
Chennai Investment
