Airbus’ Global Market Forecast (GMF) for 2018-2037 offers a forward-looking view of the air transport sector’s evolution – accounting for factors such as demographic and economic growth, tourism trends, oil prices, development of new and existing routes, and ultimately highlighting demand for aircraft covering the full spectrum of sizes from 100 seats to the very largest aircraft over 500 seats.
Entitled “Global networks, Global citizens,” this new forecast – which serves as a reference for airlines, airports, investors, governments, non-governmental agencies and others – anticipates that air traffic will grow at 4.4 per cent annually, requiring some 37,400 new passenger and dedicated freighter aircraft at a value of US$5.8 trillion over the next 20 years.
For the 2018-2037 Global Market Forecast, Airbus addresses aircraft segmentation in the Small (S), Medium (M), Large (L) and Extra-Large (XL) categories to better reflect the use of aircraft within and between market segments.
Article credits:
https://www.airbus.com/aircraft/market/global-market-forecast.html
