News Airbus: Russia leading aircraft demand

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Airbus: Russia leading aircraft demand

Russia will require nearly 1,000 new planes over the next two decades.

Russia will require nearly 1,000 new planes over the next two decades in order to fuel the country’s travel boom, it has emerged.

Aircraft manufacturer Airbus has announced that Russian aviation companies will complete the purchase of some 921 airliners by 2026, with Russian annual growth in the aviation market estimated to be running 1.3 per cent above the international average.

Estimated to cost a collective $79 billion (£39 billion), the new plane cohort will take Russia into sixth place in terms of international aircraft demand, trailing only to the US, China, Britain, Germany and India.

Vadim Vlasov, head of Airbus’ Russian division, said: "Our latest forecast shows that the demand for airliners seating more than 100 passengers will total 921 planes from 2007 to 2026, including 793 narrow-body and 128 wide-body aircraft worth $79 billion."

The growth in demand for flights to and from Russia was recently evidenced by plans from Helsinki-based airline Finnair to launch a scheduled service with three flights per week between its central hub and central Russian city Yekaterinburg.

Following a new codeshare agreement, it was also announced that Finnair and Aeroflot would double the number of Helsinki-Moscow flights to four a day, while services jointly operated with Rossiya between Helsinki and St Petersburg would hit 22 a week.

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