29 Sep '13, 12pm

Airbus: more than 29,000 new aircraft required in the next 20 years

Airbus: more than 29,000 new aircraft required in the next 20 years 29 September 2013 According to Airbus’ latest Global Market Forecast (GMF), in the next 20 years (2013-2032) air traffic will grow at 4.7% annually, requiring more than 29,220 new passenger and freighter aircraft valued at nearly US$4.4 trillion. Some 28,350 of these are passenger aircraft valued at US$4.1 trillion. Of these, some 10,400 will replace existing aircraft with more efficient ones. With today’s fleet of 17,740 aircraft, it means that by 2032, the worldwide fleet will double to nearly 36,560 aircraft. Economic growth, growing middle classes, affordability, ease of travel, urbanization, tourism, and migration are some factors increasing connectivity between people and regions and how often they travel. Increasing urbanisation will lead to a doubling of megacities from 42 today to 89 by 2032, and ...

Full article: http://www.greencarcongress.com/2013/09/20130929-airbus.html

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