Airbus ups 20-year new jet forecast with mega-cities tipped to drive growth

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Airbus ups 20-year new jet forecast with mega-cities tipped to drive growth
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While more new planes are needed, Airbus predicts that overall there will be slightly fewer planes in the sky in 2038 than previously thought.

Airbus BelugaXL super transporter aircraft arrives for the first time at the company's wing assembly plant at Broughton, near Chester, Britain February 14, 2019.upped its estimate for the number of new aircraft needed over the next 20 years, while at the same time lowering its prediction for the number of planes that will serve the skies.

The outlook also forecast that around two-thirds of new plane deliveries will be needed to satisfy a doubling of passenger traffic over the next 15 years. The remainder will be sold to replace current jets. While Airbus slightly trimmed its 20-year forecast for passenger growth to 4.3% annually, it remains hugely bullish on the rise of passenger numbers — predicting a continuation of the current trend which sees passenger numbers double every 15 years.

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