Airbus: World Needs Over 39,000 New Aircraft By 2038
18 September 2019 - 7:40PM
Dow Jones News
By Antonia Di Lorenzo
Airbus SE (AIR.FR) said Wednesday that it forecasts a need for
more than 39,000 new aircraft in the next 20 years.
"Of these, 25,000 aircraft are for growth and 14,210 are to
replace older models with newer ones offering superior efficiency,"
the European plane maker said.
The world's passenger and freighter aircraft fleet is expected
to more than double from nearly 23,000 to almost 48,000 by 2038,
with traffic growing at 4.3% on an annual basis, it said.
"The 4% annual growth reflects the resilient nature of aviation,
weathering short-term economic shocks and geo-political
disturbances," said Christian Scherer, Airbus chief commercial
officer and head of Airbus International.
Write to Antonia Di Lorenzo at antonia.dilorenzo@wsj.com;
@AntoniaDL89
(END) Dow Jones Newswires
September 18, 2019 05:25 ET (09:25 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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