Airbus has projected the Asia-Pacific region will need 19,500 new aircraft over the next two decades, comprising nearly half of global demand. This forecast, detailed at the Association of Asia-Pacific Airlines’ (AAPA) Annual Assembly of Presidents in Brunei, reflects Airbus’s expectation for sustained growth in the region’s fleet, with expansion driven by both fleet growth and replacement needs. Airbus Asia-Pacific President Anand Stanley emphasized that the “Asia-Pacific region is poised for significant growth over the next two decades,” underscoring the importance of sustainability alongside expansion in this market.
According to Airbus’s forecast, the Asia-Pacific region, which includes the major markets of China and India, will require nearly 46% of global aircraft deliveries by 2043. This estimate includes 16,000 single-aisle planes, such as the A220 and A320neo family, which are ideal for short- to medium-haul routes across the region. Medium- and long-range aircraft, such as the A330neo and A350, account for approximately 3,500 of the new aircraft expected.
Recent orders from regional carriers highlight demand for Airbus’s widebody aircraft, with airlines like Cathay Pacific opting for the A330neo, while Japan Airlines, Korean Air, and EVA Air continue to add A350s to their fleets. Several additional widebody orders are anticipated as the region’s airlines aim to expand their capacity in long-haul and cargo operations.
Role of Fleet Expansion and Sustainability Goals
With sustainability at the forefront, Airbus reports that 71% of new aircraft deliveries in the Asia-Pacific region will contribute to fleet expansion, while 29% will replace older models, aligning with environmental targets across the industry. The newer Airbus widebody aircraft models offer a 25% improvement in fuel efficiency over previous generations, directly supporting decarbonization goals. Airbus emphasizes that its commitment to these goals is reflected in its aircraft design advancements, which help minimize the environmental footprint of aviation.
The cargo sector, driven by increased e-commerce and global trade, is also a focal point in Airbus’s forecast. The Asia-Pacific region is expected to need 250 new widebody freighters by 2043, constituting 10% of worldwide freighter demand. Airbus has designed the A350F, based on the A350 platform, to address this demand with lower CO2 emissions, superior fuel efficiency, and compliance with the latest ICAO emissions standards. The A350F has received strong support from regional carriers, including an order from STARLUX Airlines for five A350Fs earlier this year.
Growth in Passenger Traffic and Role of Widebody Aircraft
Airbus projects that Asia-Pacific passenger traffic will grow at an annual rate of 4.8%, outpacing the global average of 3.6%. This demand surge underscores the need for more efficient widebody aircraft, which support both passenger and cargo operations across extended routes. The A350, in particular, has become a preferred choice for regional airlines due to its fuel efficiency, advanced technology, and robust economics. Currently, nearly 300 A350s are in service within Asia-Pacific, with an additional 230 on order.
Additionally, the transition from the A330ceo to the A330neo is underway across Asia-Pacific, where around 540 A330ceo aircraft are currently operating. The A330neo offers compatibility in pilot training and operational processes with the A330ceo, easing the transition for airlines looking to replace older models without operational disruptions.
In line with Asia-Pacific’s growing fleet, Airbus is confident that its advanced and efficient aircraft will support the region’s expanding airline operations. As the region continues to experience heightened demand for passenger and cargo services, Airbus positions itself as a leader in sustainable aviation solutions. Airbus’s approach to fleet expansion aligns with environmental efforts, helping airlines in the Asia-Pacific region meet long-term goals.
