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Cargo Newswire

Global freighter fleet will hit 2,722 in 2037, Airbus predicts

July 9, 2018
in Airlines
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The worldwide freighter aircraft fleet is predicted to reach 2,722 in 2037, with Asia and North America leading the way, Airbus predicts in its Global Market Forecast 2018-2037.

In its Global Market Forecast 2018-2037, Airbus predicts that the freighter aircraft fleet will increase from 1,650 at the start of 2018 to 2,722 in 2037.
Of these new aircraft, Airbus says 826 will be new deliveries, 1,560 will be converted freighters and 336 will be remaining aircraft already in use today.
Most of the aircraft will be in North America, which Airbus predicts will be home to 1,080 followed by Asia with 802 by 2037.

Elsewhere, Airbus says Africa will have 107 freighters by 2037, the CIS will have 93, Europe will have 405, Latin America will have 99 and the Middle East will have 136.

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Airbus is predicting that 37,390 new aircraft will be needed over the next 20 years valued at $5.8 trillion, with 26,540 needed for growth and 10,850 required to replace older units.

Chief commercial officer, Eric Schulz says: “There is a growing trend to use aircraft across a broader range of operations, with today’s more capable aircraft blurring the boundaries between market segments. These realities made us develop a new segmentation with Small, Medium, Large and Extra-Large categories, reflecting more closely the way airlines operate aircraft.”

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Devender Grover

Devender Grover

Devender was born in the year when the Beatles Group was formed. He holds two master’s degrees in English Literature and Public Administration. He also has an Honors degree in English Literature and a post-graduate diploma in Corporate Communications and Public Relations. He was closely associated with the Indian State Transport Undertakings and Ministry of Transport in his role as Corporate Communications and PR specialist for over two decades handling domestic and international organizations. He ventured into business forming his own Media House, Profiles Media Network Private Limited which is now a twenty years old company. Excelling as an editor, Marketing, PR, Anchor, and Advertising specialist, he is now expertly navigating the world of social media. A widely traveled professional internationally, Devender has a deep understanding of the Air Cargo, Cargo Business, Cargo Airports, Freighters and Cargo Industry at large.

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