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Fleets serving Australia South Pacific to almost double by 2033The passenger aircraft fleet serving the Australia South Pacific region will grow from some 700 aircraft today to over 1,200 by 2033, with a doubling in the number of widebody aircraft. With aviation growth comparable with other mature markets such as North America and Europe, the region has the world’s highest propensity to travel per capita. Airbus’ Global Market Forecast (GMF) shows international traffic serving the Australia South Pacific region will grow annually at 4.5%. Traffic to and… (www.airbus.com) More...
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That sounds like a bit of a stretch given the low margins we face on S. Pacific markets.
This is about volume, not margins. With increased volume comes increased profitability (hopefully) and maybe more competition, which would be good for the consumer.
On what markets do airlines have not-low margins?