The number of passenger aircraft serving Oceania will grow by more than 70% over the next two decades, according to a new Airbus forecast.
It its latest Global Market Forecast, the European planemaker predicts that airlines in Australia, New Zealand and the South Pacific will operate a combined fleet of 1,200 aircraft by 2033, up from just 700 today.
This growth will be necessary to handle an expected 4.5% annual increase in passenger traffic.
According to Airbus, by 2033 airlines serving Oceania will have added almost 500 new aircraft, including 146 single-aisle aircraft, like the Airbus A320 and Boeing 737, and 353 twin-aisle jets, such as the A330, A350, A380, B777 and B787. And this forecast does not include smaller regional aircraft, which are popular among Oceania’s airlines.
Globally, Airbus predicts that airlines will need an extra 31,400 new aircraft worth US$4.6 trillion by 2033.