Tag: passenger fleet

Nearly 37,400 New Aircraft Valued at US$5.8 Trillion Required Over 20 Years

Reading Time: 2 minutes The world’s passenger fleet will more than double to 48,000 aircraft in 20 years with traffic growing at a resilient 4.4% per year, driving a need for 37,390 new passenger and freighter aircraft according to Airbus’ new Global Market Forecast 2018-2037. Growth drivers include private consumption increasing 2.4 times in emerging economies, higher disposable incomes […]