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Over 35 000 Aircraft And 530 000 Pilots To Be Needed In The Next 20 Years

Jun 14,2017

The world¡¯s passenger aircraft fleet above 100 seats is set to more than double in the next 20 years to over 40,000 planes as traffic is set to grow at 4.4 percent per year, according to Airbus¡¯ latest Global Market Forecast 2017-2036.

Over this period, increasing numbers of first time flyers, rising disposable income spent on air travel, expanding tourism, industry liberalisation, new routes and evolving airline business models are driving a need for 34,170 passenger and 730 freighter aircraft worth a combined total of US$5.3 trillion.

Over 70 percent of new units are single aisle with 60 percent for growth and 40 percent for replacement of less fuel efficient aircraft.

A doubling in the commercial fleet over the next 20 years sees a need for 530,000 new pilots and 550,000 new maintenance engineers, and provides Airbus¡¯ global services business a catalyst to grow.

Air traffic growth is highest in emerging markets such as China, India, the rest of Asia and Latin America and almost double the 3.2 percent per year growth forecast in mature markets such as North America and Western Europe.

Emerging markets currently home to 6.4 billion of the world¡¯s 7.4 billion population will account for nearly 50 percent of the world¡¯s private consumption by 2036.

¡°Air travel is remarkably resilient to external shocks and doubles every 15 years,¡± said John Leahy, Chief Operating Officer ¨C Customers, Airbus Commercial Aircraft. ¡°Asia Pacific continues to be an engine for growth, with domestic China to become the world¡¯s largest market. And only in China market, 100,000 new commercial airline pilots and 100,000 new maintenance technicians will be need.

Under this background, ¡°China Aviation Training Forum 2017¡± will be held on September 6th - 8th, 2017 in China Eastern Airlines Technology R&D Center. CATF2017 will share the latest information of China aviation training market to explore the opportunities in cooperation in China aviation training market. We sincerely invite you to participate the upcoming CATF2017. Our professional organizing committee will provide you one-stop service to help you dig the maximum value for your business.

For more information, please contact Kara WANG, marketing@galleon.cc

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