Turkey will need approximately 1,800 new passenger aircraft over the next 20 years as air travel demand rises and airlines expand their fleets, according to Airbus.
Antonio Da Costa, Airbus vice president for market analysis and forecast, said on Thursday that Turkey was expected to represent around 20% of projected demand for new passenger aircraft across Europe and the Commonwealth of Independent States (CIS) during the period.
The number of flights taken annually per person in Turkey is forecast to triple to 3.1 by 2045, exceeding the regional average of 2.4, Da Costa said.
He added that passenger traffic in Turkey was expected to grow by about 4.5% annually over the next two decades, compared with 2.9% across the wider region. As a result, the country's total aircraft fleet, across all airlines, is projected to more than double.
Airbus's latest Global Market Forecast estimates that Europe and the CIS will require 8,190 new passenger aircraft by 2045. Of that total, 3,600 aircraft will be needed to accommodate growth, while another 4,590 will replace existing planes.
Istanbul Strengthens Its Role as a Global Hub
Da Costa said Istanbul was consolidating its position as an international connecting hub, supported by strong tourism demand and rising transit passenger numbers.
He also pointed to changes in regional travel patterns linked to the conflict in the Middle East. According to Da Costa, Turkey has benefited from flight diversions away from parts of the Gulf region, bringing additional tourists and passengers connecting through the country.
He said the shift presented an opportunity for Turkey's aviation sector, with more inbound tourists and transit travellers passing through the country because of the conflict.
Although Da Costa expects regional tensions to ease over time, he believes the additional traffic could contribute to Turkey's longer-term aviation growth.
Source: Reuters