Space For Rent

Space For Rent
Tuesday, June 16, 2015, Ashar 2, 1422 BS, Shaban 28, 1436 Hijr

Airbus increases 20-year jet demand forecast
Published : Tuesday, 16 June, 2015,  Time : 12:00 AM,  View Count : 16

PARIS, June 15: Airbus (AIR.PA) increased its 20-year forecast for jet demand by nearly 4 per cent on Monday and was upbeat about prospects for superjumbos such as its troubled A380 plane, driven by growth in emerging markets in the Asia-Pacific region and China.
Airbus sees demand for 32,585 new planes worth $4.9 trillion, up from a previous forecast in September for 31,358 planes worth $4.6 trillion, it said at the Paris Airshow.
The European firm trimmed its forecast for global passenger growth, predicting an annual average rate of 4.6 per cent over the next 20 years, compared with last year's forecast for 4.7 per cent.
The growth of the middle class in developing countries would drive traffic growth, sales chief John Leahy said at a briefing.    ?Reuters

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