Top executive at Airbus on Thursday expects Asia-Pacific airlines’ need for widebody aircraft to fuel a post-pandemic recovery in demand for the larger jets as the region opens up.
According to a Bloomberg report, Anand Stanley, president of Asia-Pacific for Airbus, the world’s largest commercial aircraft manufacturer, said that the spike in demand isn’t just for replacing planes like those from Airbus’s older A330 series, but also for fleet expansion.
Following the pandemic, Asia has been slower to open its borders than the rest of the world. China, in particular, remains largely closed. However, major economic centers and tourist hotspots like Singapore and Thailand are once again reopened, and robust domestic markets like India have also fully recovered.