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This continues from the announcement on May 27, 2021 that Airbus is asking suppliers to prepare for the following aircraft production rates:

• A320 Family: Firm rate of 64/month by Q2 2023 and rate 70 by Q1 2024. Longer term, Airbus is investigating opportunities for rate 75 by 2025.
• A220 Family: Six/month in early 2022 and 14/month by mid-decade. 
• A350 Family: Currently at five/month, projected to six/month by autumn 2022. 
• A330 Family: Production remains at an average two/month.

While having lost nearly two years of growth during the COVID-19 pandemic, passenger traffic has demonstrated its resilience and is set to reconnect to an annual growth of 3.9%, driven by expanding economies and global commerce including tourism. The middle classes, who are the likeliest to fly, will grow in number by two billion people to 63% of the world’s population. The fastest traffic growth will be in Asia with domestic China becoming the largest market.

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The demand for new aircraft will include around 29,700 small aircraft like the A220 and A320 Families, as well as about 5,300 in the medium aircraft category such as the A321XLR and the A330neo. In the large segment, covered by the A350, a need for some 4,000 deliveries is expected by 2040. 

Cargo demand, boosted by e-commerce, is driven by an expected growth in express freight of 4.7% per year and a general cargo (representing about 75% of the market) growth of 2.7%. Overall, over the next 20 years, there will be a need for some 2,440 freighters, of which 880 will be new-build. 

“As economies and air transport mature, we see demand increasingly driven by replacement rather than growth — replacement being today’s most significant driver for decarbonization,” says Christian Scherer, chief commercial officer and head of Airbus International. “The world is expecting more sustainable flying and this will be made possible in the short term by the introduction of most modern airplanes. Powering these new, efficient aircraft with Sustainable Aviation Fuels (SAF) is the next big lever. We pride ourselves that all our aircraft — the A220, A320neo Family, the A330neo and the A350 — are already certified to fly with a blend of 50% SAF, set to rise to 100% by 2030 - before making ZEROe our next reality from 2035 onwards.”

The global aviation industry has already achieved huge efficiency gains, as shown by the 53% decline in aviation’s global CO₂ emissions since 1990. Airbus reports that its product range supports at least a 20% CO₂ efficiency gain over previous-generation aircraft. In view of further ongoing innovations, product developments, operational improvements as well as market based options, Airbus asserts it is supporting the air transport sector’s target to reach net-zero carbon emissions by 2050.