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Showing posts with label Global Market Forecast 2013 - 32. Show all posts
Showing posts with label Global Market Forecast 2013 - 32. Show all posts

Thursday, September 26, 2013

■ AIRBUS: Airbus releases its 2013-32 Global Market Forecast.

As aviation becomes increasingly accessible in all parts of the world, future Journeys will increasingly be made by air particularly to and from emerging markets. According to European aircraft manufacturer, Airbus' latest Global Market Forecast (GMF) in the next 20 years (2013-2032), air traffic will grow at 4.7 per cent annually requiring over 29,220 new passenger and freighter aircraft valued at nearly USD4.4 trillion. Some 28'350 of these are passenger aircraft valued at USD4.1 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.