According to John Leahy, Airbus Chief Operating Officer/Customers, within 20 years the AsiaPac region will overtake the US and Europe as the world's largest air transport market, with Asia-Pacific airlines carrying over 30% per of global passenger traffic and nearly 40% of air freight.
"To meet this demand larger aircraft will be needed to ease congestion and do more with less," he stated. "This will see airlines from the region account for over 40% of twin aisle deliveries and more than 50% of the demand for very large aircraft, such as the A380. With a modern, eco-efficient and comprehensive product line, including the only all-new aircraft in the very large segment, Airbus will be especially well placed to meet the needs of airlines in this region."
That prediction bodes well for the aftermarket service providers who already have a foothold in AsiaPac.