The European commercial aircraft services market is set to grow by nearly 49% by 2043, reaching a value of US$55 billion, according to aircraft manufacturer Airbus.
This growth, revealed in the company’s latest Global Services Forecast (GSF) at MRO Europe in Barcelona, will be driven by rising passenger numbers and substantial investment in new aircraft. European airlines are expected to purchase around 8,000 new planes, modernising their fleets and driving demand for maintenance, connectivity solutions, and skilled workers.
Airbus emphasises that technological advancements in maintenance, repair, and overhaul (MRO) and other services will increase operational efficiency for airlines.
“Airlines will increasingly benefit from enhanced support through predictive maintenance solutions, optimising flight operation performance and reducing the number of delays and cancellations,” said Sonia Dumas, Head of Airbus Services Marketing. “In 2043, these savings are expected to reach around US$800 million.”
Dumas also highlighted the growing demand for in-flight connectivity. “Air travellers will increasingly benefit from enhanced connectivity features. We see a growing trend, from 120 million passengers in 2024 to 1.2 billion in 2043, demanding a bespoke in-flight experience, particularly in the domestic market, with digital natives representing the largest group.”
Photo: Airbus
