Airbus Releases 2024-2043 Global Services Forecast – Including Pilot Demand Forecast

Global aircraft manufacturer, Airbus, released the latest edition of its Global Services Forecast (GMF) for the 2024-2043 period. The forecasts highlights that the services market is set to almost double in size over the next 20 years to USD 290bn. Driven by: 42,430 new aircraft deliveries.

Key relevant highlights for the pilot training ecosystem:

42,430 new aircraft deliveries; 18,460 to replace and 23,970 to grow the current fleet620,000 new pilots required124,000 in North America124,000 in China119,000 in Europe and CIS90,000 in Asia Pacific59,000 in the Middle East54,000 in South Asia36,000 in Latin America and the Caribbean14,000 in Africa8.3 million hours of training required in simulators

Source: Airbus