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Airbus Raises 20-Year Jet Demand Forecast to 43,420

With resilient air travel demand, Airbus credits early U.S.-China trade truce signals for its long-term forecast upgrade.

The logo of Airbus is pictured outside the Airbus facility in Saint-Nazaire, France, November 7, 2023. REUTERS/Stephane Mahe/File Photo
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Overview

  • The forecast covers 42,450 passenger jets (a 2% increase) and 970 factory-built freighters (a 3% rise) between 2025 and 2044.
  • Single-aisle deliveries have been raised by 2%, with 34,250 planes expected, including A320neo family jets accounting for over half of added capacity.
  • Wide-body demand for long-haul services is projected at 8,200 aircraft, up 3%, supported by growth from Gulf carriers.
  • Airbus has held its annual global air traffic growth outlook at 3.6% despite lowering forecasts for trade and GDP expansion.
  • The outlook assumes U.S. base tariffs of 10% will remain and the company has urged a return to tariff-free aerospace trade after a tentative U.S.-China tariff truce.