According to Airbus Global market report Pakistan’s air traffic is projected to increase by 4.9 percent annually and expected to be doubled in the next 20 years.
The report further claims that air travel from and to Pakistan is growing and due to increased demand Pakistan’s aviation industry would be needing 250 additional passenger aircraft by 2037 which is also projecting a big market for aircraft manufacturers.
Pakistan’s air traffic consists of 18 percent domestic and 82 percent of international said officials at Airbus while giving their views about the country’s aviation industry.
Pakistan currently has 25 Airbus aircraft that are in service, 11 Airbus aircraft are held by Airblue while 14 of the aircraft are being used by the national carrier Pakistan International Airlines (PIA).
Airbus said the company is focused on the regional growth and demand, the company is mulling to widen the current portfolio of commercial aircraft which includes A320neos, A330neos, and A220 aircraft. The company will do its best to meet the regional demand for the next couple of decades.
The global air cargo from and to Pakistan is projected to be tripled in the next 20 years said Airbus.
PIA is one of the largest customers of Airbus in the region in the last forty years the company has fulfilled orders from Pakistan of 11 Airbus aircraft.
Airbus projects a good growth in the region in the long-run but there are some problems in the short-term growth of the regional air travel.
Pakistan currently poses a fleet consisting of total 55 aircraft. Pakistan’s air travel is expected to grow mainly due to the CPEC projects considering the Chinese Airlines are also planning to start wider operations in Pakistan.