Thu, Jun 10, 2010
Fleet Expected To More Than Double
Airlines in Germany will require nearly 1,150 new passenger
aircraft above 100 seats and freighters over the next 20 years,
according to the latest Airbus Global Market Forecast (GMF). These
new aircraft will include some 780 short-haul single-aisle
aircraft, more than 280 twin-aisle medium to long-range wide-body
aircraft, and around 90 very large aircraft such as the A380. These
new aircraft are valued at approximately $144 billion at today's
list prices. The main drivers for this investment are the growing
demand for air travel and the benefits that can be derived by
operating the most modern and eco-efficient fleets. As a result,
Germany's aircraft fleet is expected to more than double, growing
from over 500 aircraft (of more than 100 seats) in operation at the
beginning of 2009 to more than 1,200 by 2028.
"In terms of new passenger aircraft deliveries, Germany will
rank third in the world," said John Leahy COO Customers, Airbus.
"Furthermore, Germany's leading position as a gateway for the
world's air travelers will be further enhanced especially with
Lufthansa's A380s now joining the fleet."
Germany's air travel has achieved 34% growth from 2000 to 2009
despite two of the worst downturns in aviation history. The main
growth drivers have been the recovering international traffic from
Germany to the Middle East (+180%), emerging markets in China
(+117%) and India (+131%), as well as the more traditional markets
of North America (+28%) and Asia (+20%). Furthermore, the Airbus
GMF predicts that over the next 20 years Western Europe is expected
to show an average annual growth rate of 4.4%. Routes to the Middle
East (+5.5%), the CIS (+6.0%), Central Europe (+6.7%) and Asia
(+4.6%) will be the most important levers for growth. Germany's
strong and growing demand for air travel is based on its continued
economic development, growing tourism, the emergence of
low-cost-carriers and the country's position as a major air
transportation gateway.
Today Germany is a major gateway for travelers worldwide,
enabled by both its airlines and important hub airports. Out of all
the 36 European countries, Germany provides the most passenger
traffic into the CIS and China, and second into North America, the
Middle East, Indian sub-continent and Asia.
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