by Tim Hepher
PARIS (Reuters) – Airbus on Wednesday raised its forecast for new aircraft deliveries over 20 years but lowered that for the growth of the world airline fleet by this deadline.
On the Paris Stock Exchange, the Airbus title fell by 0.32% at 07:07 GMT.
The world’s largest planemaker anticipates 40,850 deliveries, down from 39,490 in its previous 20-year forecast released last year.
He revised upwards his forecast for deliveries of cargo planes, which would increase from 890 to 920. This implies 39,930 deliveries of passenger planes, of which 80% are mostly single-aisle planes such as the Airbus A320neo or the Boeing. 737 MAX.
Airbus has also revised upwards its forecast for the number of older aircraft to be replaced over the next two decades, from 15,440 to 17,170 units.
Airbus’ global fleet is expected to more than double to 46,560 aircraft in 2042, from 22,880 units at the start of 2020.
However, unusually, this forecast is lower than the previous estimate of a fleet of 46,930 aircraft, as growth is expected to slow and aircraft retirements increase.
These forecasts come at a time when airlines are putting pressure on manufacturers to renew their fleets.
(Report Tim Hepher; Kate Entringer, edited by Blandine Hénault)
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