Airbus, the European aircraft manufacturer, predicts that airlines based in the Pacific region will receive 920 new aircraft over the next 20 years. The forecast is based on an average growth in passenger traffic of 3.2% per annum in the region. Around 750 single-aisle aircraft like the A220 and A320 families and approximately 170 widebodies like the A330neo and A350 will be delivered. The demand for these new aircraft will be driven by growth (55%) and replacing older aircraft currently in service (45%).
The forecast was presented by Stephen Forshaw, Airbus Chief Representative for Australia, New Zealand and the Pacific, who emphasized the need for sustainable growth in the aviation industry. The Pacific region is currently witnessing a surge in travel demand and an increase in flights to and from key destinations, leading airlines to consider more sustainable fleet options. Airbus, with its modern and comprehensive product line, offers a reduction in fuel consumption and emissions of up to 25%.
Airbus is also focused on decarbonising the aviation industry by exploring alternative sources of energy. The company has entered into significant partnerships in the Pacific region, including a joint fund with Qantas to develop the necessary ecosystem in Australia and a project with Air New Zealand to study hydrogen-powered aircraft applications on its domestic network. Airbus is also involved in studies with Australia’s Fortescue Future Industries and recently announced its participation in a new hydrogen consortium in New Zealand alongside Christchurch Airport, Air New Zealand, FFI, and several start-ups.
The Pacific region is a key market for Airbus, with 170 aircraft currently in service with airlines in Australia, Fiji, New Caledonia, New Zealand, and the Solomon Islands. Another 166 aircraft are on order for future delivery to Pacific carriers, representing 75% of the total backlog of orders from airlines in the region for all manufacturers.
Globally, Airbus forecasts demand for 39,490 new aircraft over the next 20 years, with 17,620 in the wider Asia-Pacific region. As airlines consider sustainable growth and decarbonisation, Airbus is well-positioned to meet the needs of the aviation industry with its comprehensive product line and partnerships aimed at advancing sustainable aviation fuels and exploring alternative sources of energy.