According to Airbus’ latest Global Market Forecast (GMF), Latin American airlines will require 2,307 new aircrafts between 2013 and 2032, including 1,794 single-aisle, 475 twin-aisle and 38 very large aircraft (VLA) worth an estimated US$292 billion. Globally, by 2032 some 29,230 new passenger and freighter aircraft valued at nearly US$4.4 trillion will be required to satisfy future robust market demand. …
Read More »By BA Staff Boeing forecasts that airlines in the Middle East will require 2,610 new airplanes over the next 20 years, worth an estimated $550 billion. While one-third of that demand – 900 airplanes – will replace today’s fleets, 66 percent of the demand is expected to be driven by the rapid fleet expansion in the region. According to the …
Read More »An industry traffic forecast by the International Air Transport Association (IATA), which represents 240 airlines comprising 84% of global air traffic, shows India, China and the Commonwealth of Independent States (CIS), leading air passengers and freight growth over the next four years. The IATA Airline Industry Forecast 2012~2016 sees passenger numbers expanding by an average of 5.3% per annum, between …
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