Airbus has revised down its 20-year industry-wide forecast for passenger aircraft demand by 1% after the Iran war and trade tensions slammed the brakes on what had been a sharp rebound in airline activity since the COVID-19 pandemic.
Industry-Wide Forecast
The world’s largest planemaker said it still expected robust jet demand led by Asia, which is expected to account for about half of all deliveries, but that back-to-back tariff and Gulf crises had taken the wind out of earlier growth projections.
Airbus said it expected 42,060 total passenger jet deliveries between 2026 and 2045, down 1% from its previous rolling 20-year forecast. This includes 33,920 single-aisle jets and 8,140 wide-body or long-haul jets, both down 1% from the previous 20-year forecast.
Regional Demand
The Middle East, whose Gulf hubs have returned towards normal traffic volumes, is one area continuing to come back strongly during a fragile ceasefire in the Iran conflict. The world’s fastest-growing air travel market remains India, where Airbus revised up its forecast for annual domestic traffic growth to 9.1% from 8.9%.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
