Airbus estimates that Brazil will require 701 new passenger aircraft, comprising 501 single-aisle, 174 twin-aisle and 26 very large aircraft, worth $82bn between 2011 and 2030.
The demand will be driven by economic growth and an increase in air travel resulting from an increase in middle-class travellers and growing tourism contributing to GDP growth.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Airbus’ Latin American and the Caribbean executive vice-president Rafael Alonso said Brazil has become one of the world’s top ten markets for new passenger aircraft in terms of aircraft deliveries over the next 20 years.
"With international traffic to and from Brazil doubling over the past decade and showing no signs of slowing, Brazilian carriers have a tremendous opportunity to gain greater market share," Alonso said.
Airbus expects the Latin American region will require 2,000 new passenger aircraft, including 1,653 single-aisle, 334 twin-aisle and 41 very large aircraft, valued at $200bn over the next 20 years.
Globally, 27,900 new aircraft valued at $3.5tn will be required to cater for future market demand by 2030.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
