Airbus: There is Demand for 43,400 new Jets by 2044. We Expect a Medium-Term Trend Continuation Beyond €200!

Next week, the Le Bourget airshow will begin. In the run-up, Airbus expressed great confidence regarding long-term demand. By 2044, there will be a need for 43,400 new passenger and freight aircraft. This would double the global fleet to 49,000 units. One driver of demand is the annual growth of 3.6% in air traffic, primarily driven by the middle class. This will stimulate demand, especially between China and other Asian countries, as well as within India. Currently, Airbus has a backlog of over 8,726 aircraft in the civil sector. With annual...