Airbus raises 20-year forecast for aircraft demand
European aircraft-maker Airbus has raised its 20-year forecast for plane demand and passenger traffic, pointing to strong growth in new markets.
It also says the expansion of low-cost airlines in Asia will help boost sales.
Airbus is predicting deliveries of almost 26,000 new passenger and freight aircraft worth $3.2 trillion (2.4tn euros; £2tn) between 2010 and 2029.
That is an increase of 900 aircraft compared to its previous annual forecast.
Chris Bockman reports.
13 Dec 2010
- From the section Aerospace & Defence