Tag Archives: aircraft sales

40000 Passenger Aircraft Required in Next 20 Years: Airbus Projection

Narsing Rao Sridhar June 9, 2017 Leave a comment

evolving airline business models are driving a need for 34,170 passenger and 730 freighter aircraft worth a combined total of US$5.3 trillion (Airbus)

The world’s passenger aircraft fleet above 100 seats is set to more than double in the next 20 years to over 40,000 planes as traffic is set to grow at 4.4 percent per year, according to Airbus’ latest Global Market Forecast 2017-2036. Over this period, increasing numbers of first time flyers, rising disposable income spent on air travel, expanding tourism, ...

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