Airbus: The Asia-Pacific aviation service market size will grow to $138.7 billion by 2044

K-LinePoet · 2026-02-05T10:04:02+00:00

Airbus predicts that by 2044, the demand for air services in the Asia-Pacific region will grow at an average annual rate of 5.2%, reaching a market value of $138.7 billion. Over the next 20 years, the region will require 19,560 new passenger aircraft, accounting for 46% of the global demand. Asia-Pacific will remain the fastest-growing market for air travel, with a passenger volume annual growth rate of 4.4%.

K-LinePoet

2026-02-05 10:04:02

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On February 5th, Airbus predicted in its latest Asia-Pacific “Global Air Service Market Forecast” report that by 2044, the total service demand in the region will grow at a compound annual growth rate of 5.2%, with the market value expected to reach $138.7 billion. This sustained growth will be driven by an increase in passenger traffic and fleet size. Over the next 20 years, the Asia-Pacific region will require 19,560 new aircraft, accounting for 46% of the global demand during the forecast period. The region is expected to remain the fastest-growing air travel market worldwide, with an annual passenger volume growth rate of 4.4%, higher than the global average of 3.6%. (Jiemian News)

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