Airbus forecasts aviation services market to exceed US$420 billion by 2045

Airbus projects a significant expansion of the global aviation services market, anticipating it will surpass US$420 billion by 2045. This forecast represents more than double the current market size expected in 2026. The growth is driven primarily by the anticipated worldwide aircraft fleet expansion and an increase in passenger numbers. Airbus predicts a compound annual growth rate (CAGR) of 3.8% for this sector over the next two decades. These aviation services are crucial to maintaining industry resilience as demand continues its upward trajectory.