A320

The number of passenger aircraft in the Australia South Pacific region is estimated to increase by 70% to 1,200 by 2033 from the current 700 aircraft, according to a report by Airbus.

In its Global Market Forecast (GMF), the company said that the number of wide-body aircraft in the region will be doubled during the forecast period to 640 aircraft, compared with 290 at present.

The passenger fleet increase will comprise 146 single aisle and 353 wide-bodied aircraft, the report said.

Airbus said: "The region’s propensity to travel (over three trips per capita) is almost double that of North America and it will remain the world’s highest at over four trips per capita by 2033.

"Between 2014 and 2033, global passenger traffic will increase at 4.7% annually, with a need for around 31,400 new passenger and freighter aircraft costing $4.6tn."

"Domestically, traffic to and from Australia’s busiest airports, (Sydney, Melbourne, Adelaide, Brisbane and Perth) is set to double with an additional 90 million passengers a year by 2033."

According to the report, international traffic to the Australia South Pacific region will increase by 4.5% a year.

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Traffic to and from neighbouring developing markets will increase further with traffic to Asia estimated to increase by 5.1%, Latin America 6.2%, Africa 6.3% and the Middle East 5.4%.

Between 2014 and 2033, global passenger traffic will increase at 4.7% annually, with a need for around 31,400 new passenger and freighter aircraft costing $4.6tn.

By 2033, the passenger and freighter fleet is expected to increase to 37,500 from today’s 18,500 aircraft, while around 12,400 less fuel efficient aircraft will be retired.

Image: The passenger fleet increase will comprise 146 single aisle and 353 wide-bodied aircraft. Photo: courtesy of A. Doumenjou / Airbus SAS.