UAC: “More Than 43,600 New Civil Aircraft Will be Sold Until 2037”

UAC has presented its annual Market Outlook for the next 20 years. According to the forecast, it is estimated that the total demand for new passenger aircraft beyond 30 seats in 20182037 will exceed 43,600 aircraft “worth over US$6 trillion” .

The market outlook is a comprehensive marketing analysis devoted to the world’s civil aircraft segment that analyses tendencies and

trends in the development of commercial air transportation in the world. Most attention is devoted to the passenger transportation segment both in terms of value and delivery numbers. This segment is very important to UAC as, according to the Corporation’s long-term development strategy, UAC’s revenue from sales of commercial aircraft should reach 45% of total sales, outgrowing other revenue segments.

UAC President Yury Slyusar has stated that “The innovative development of this industrial model, increasing production rates of narrow- and wide- body aircraft are paving the way to new market segmentation. The changing competition conditions are leading to further fleet optimisation, adjustment of air transportation models, and demand for new civil aircraft in general”.

According to the outlook, annual passenger turnover rates during 2018-2037 will grow by 4.6% per year. Narrow body aircraft with 110 plus seats will be the most demanded by airlines, being 68% of the market in quantity and 56% by value. The total demand for wide body aircraft will amount to almost 8,000 aircraft, 40% by value of the total market at 2018 prices. Demand for new jet airliners with 30-110 seats will amount to about 4,000 aircraft – with only 3.1% of the total market value. The demand for turboprop aircraft is estimated at 22,000 aircraft.