Airbus predicts commercial aircraft services market to reach $290bn in two decades

The commercial aircraft services market is set to reach $290bn in 2043 with a compound annual growth rate (CAGR) of 3.5%, Airbus predicted during its global services forecast 2024-43. This nearly doubles the expected demand to reach $150bn this year, with the company anticipating the services market to support over 27,000 aircraft in 2024. The current supply chain issues were highlighted as a significant challenge. Airbus says that it seeks to remedy this headwind through its services industry. During a media briefing on September 18, 2024, the company added that core inflation is expected to decline steadily along with interest