Airbus Upgrades 20-Year Demand Forecast, Focuses on Wide-Body Jets

18 Jul 2024 CW Team

Airbus has updated its 20-year demand forecast, emphasising a strategic shift towards wide-body jets to meet evolving market demands in the aviation sector. The revised forecast reflects anticipated growth in air travel and freight transport, driven by global economic recovery and changing passenger preferences.

According to Airbus, the demand for wide-body aircraft is expected to rise significantly over the next two decades, supported by increased long-haul travel and cargo transportation needs. This trend underscores the company's commitment to expanding its portfolio of wide-body jets, which are crucial for serving international routes and enhancing operational efficiency for airlines.

The upgraded forecast considers various factors influencing the aviation industry, including recovery from pandemic-induced disruptions, advancements in aircraft technology, and sustainable aviation initiatives. Airbus aims to capitalise on these trends by offering fuel-efficient and environmentally friendly wide-body aircraft that meet regulatory standards and passenger expectations.

The forecast revision comes as Airbus continues to innovate and adapt to the evolving needs of global airlines and freight operators. The focus on wide-body jets reflects Airbus's strategic vision to maintain leadership in the market segment and support sustainable growth in air transportation worldwide.

Industry analysts view Airbus's updated forecast as a positive indicator of recovery and growth prospects in the aviation sector, signalling renewed confidence among aircraft manufacturers and operators. The company's proactive approach to forecasting and strategy development positions it well to capitalise on emerging opportunities and challenges in the dynamic aviation market landscape.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..