Airbus Expects Demand for Aviation Services to Double by 2045
By Andrea Figueras
Airbus estimates that total demand for aviation services will double within roughly 20 years, reaching a value of more than $420 billion.
The European plane maker said Wednesday that it expects the services--covering areas like operational support, maintenance and digital connectivity--to grow at a 3.8% compound annual growth rate, supporting a global aircraft fleet that is set to grow to 45,550 by 2045.
The company also anticipates a rise in passengers to 10 billion, also doubling compared with current numbers, over the same period.
The increases will require more maintenance technicians, pilots and cabin crew. More than 2.44 million additional skilled workers will be needed, Airbus said.
Over the next 20 years, Europe and the Commonwealth of Independent States, North America and China will remain the largest services markets in terms of total demand, the group said, adding that it sees Asia as the fastest growing.
The company said it is expanding its services by integrating predictive operations, fleet modernization and advanced digital solutions.
Write to Andrea Figueras at andrea.figueras@wsj.com
(END) Dow Jones Newswires
October 14, 2026 10:03 ET (14:03 GMT)
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