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Can We Manufacture 37,000 New Aircraft Over the Next 20 Years?

(Image courtesy of Airbus.)

The world’s passenger fleet will more than double to 48,000 aircraft in 20 years with traffic growing at a rate of 4.4 percent per year, driving a need for 37,390 new passenger and freighter aircraft. That’s according to Airbus’ new Global Market Forecast 2018-2037.
Growth drivers include private consumption increasing 2.4 times in emerging economies, higher disposable incomes and a near doubling of the middle classes globally. Emerging countries…



Source URL: Can We Manufacture 37,000 New Aircraft Over the Next 20 Years?

Source Website: Advance Engineering – Engineering.com
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