Airbus forecasts aviation boom trebling in Middle East

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An Emirati man walks past a poster promoting Airbus A350 planes at the Dubai air show on November 16, 2011. Airbus outpaced US rival Boeing in promoting the new versions of their single-aisle eco-friendly jets, but both walk away from the Dubai Airshow with deals of around $20 billion each. Photo - Karim Sahib/AFP/Getty Images

According to an Airbus forecast, Middle East requires over 1900 aircraft in the next 20 years with demand of aircraft worth around $336 billion between 2011 and 2030.

Middle East remains one of the worlds most robust aviation regions and this is confirmed by a 200 per cent increase in inter-regional passenger traffic over the last 10 years, said John Leahy, Airbus Chief Operating Officer. The region is uniquely placed with more than 85 per cent of the worlds population within reach of a direct flight, making the Middle East a fertile market place for our eco-efficient aircraft today and beyond.

GROWING DEMAND

Greater urbanisation, increasing mega cities and the overall expansion of the region as geographical hub and tourist destination is the major factor for the demand of new aircrafts.These factors are driving an above average passenger demand growth rate of 6.4 per cent per year which is well above the world average of 4.8 per cent over the next 20 years. This above average growth rate will result in the almost trebling of the region’s fleet from over 800 aircraft today to some 2,260 by 2030.

The region’s new passenger aircraft requirement includes: 779 single-aisle aircraft, such as the A320 Family; 801 twin-aisle aircraft like A350 XWB and 302 very large aircraft (VLA) of the A380 type.

Middle Eastern carriers are increasingly choosing larger aircraft due to the growing number of global hubs in the region, and particularly within aircraft families for reduced training and maintenance costs, reduced fuel burn and environmental benefits they bring.

UPGRADING

Newer and more eco-efficient aircraft models will replace the ageing aircraft fleets. Around 440 old passenger aircraft will be replaced. In the freighter aircraft category, demand for the 13 twin-aisle aircraft and 26 VLA aircraft is on the rise.

Globally, there is a move towards larger aircraft in all sizes and categories to help absorb growing passenger numbers despite infrastructure constraints. The region is already the world’s busiest for the world’s most advanced aircraft, the A380, and this trend is set to increase.

Sources: Gulf News, BI-ME

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