Airbus sees 20-year demand for 34,899 jets, trims traffic growth
[TOULOUSE] European planemaker Airbus on Friday revised down its average traffic growth forecast to 4.4 per cent a year as it predicted 34,899 new passenger and freight aircraft deliveries over the next 20 years.
The annual traffic growth forecast, revised down from 4.5 per cent a year ago, reflects a maturing of some markets but masks an increase in air travel that supports an increase in the rolling 20-year delivery forecast from 33,070 jets a year ago.
Airbus gave the figures in a presentation ahead of a media briefing.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
EV automakers get reprieve in US tax credit rules
Abu Dhabi hub carrier Etihad adds banks to US$1 billion IPO
Luminar to cut nearly 20% jobs as part of restructuring
Chinese share of French EV market slumps after incentives curbed
Ferrari unveils US$423,000 sports car with 1960s bloodline
Airbus called for compensation to take on money-losing Spirit operations: sources