Flying by numbers: Global Market Forecast for 2015-2034

This document provides a comprehensive overview of the Airbus Global Market Forecast (GMF), detailing the methodology and results of the research. The GMF process involves three main steps: traffic forecast, network forecast, and demand forecast. The traffic forecast assesses passenger travel volume, while the network forecast identifies future airline network developments. The demand forecast estimates the number of aircraft needed to accommodate traffic growth, considering factors like airline replacement plans and economic conditions. The GMF covers 651 passenger airlines and their subsidiaries, analyzing their fleet and operations to forecast future demand in neutral seat categories. The freighter forecast process is similar, focusing on cargo traffic growth and the split between belly capacity and dedicated freighters. The GMF predicts that air freight will grow at 4.4% over the next 20 years, driven by emerging markets and express traffic. The document also includes a safe harbor statement, noting that forward-looking statements involve risks and uncertainties.

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Quick Facts
Report location: source
Language: English
Publisher: Airbus
Page count: 69 pages

Methods

The Airbus Global Market Forecast (GMF) process involves three main steps: traffic forecast, network forecast, and demand forecast. The traffic forecast assesses passenger volume using historical data and socio-economic variables. The network forecast identifies potential new routes and their traffic potential. The demand forecast estimates the number of aircraft needed to meet traffic growth, considering factors like airline replacement plans and economic conditions. The GMF covers 651 passenger airlines and their subsidiaries, analyzing their fleet and operations to forecast future demand in neutral seat categories. The freighter forecast process is similar, focusing on cargo traffic growth and the split between belly capacity and dedicated freighters. The GMF predicts that air freight will grow at 4.4% over the next 20 years, driven by emerging markets and express traffic.

(Generated with the help of GPT-4)

Key Insights

The Airbus Global Market Forecast (GMF) is a detailed analysis of the aviation market, predicting traffic growth and aircraft demand over the next 20 years. It involves a thorough examination of historical data, socio-economic trends, and airline operations. The GMF process includes traffic forecasting based on econometric models, network forecasting to identify potential new routes, and demand forecasting to estimate the number of aircraft required. The GMF also considers the impact of belly capacity on freighter demand and the growth of express services. The forecast is calibrated for each of the 651 passenger airlines analyzed, taking into account factors like fleet age, retirement plans, and market developments. The GMF predicts significant growth in air travel, particularly in emerging markets, and highlights the resilience of the air freight industry.

(Generated with the help of GPT-4)

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Last modified: 2024/04/29 18:51 by elizabethherfel