Over 10,000 Passenger Jets To Be Replaced By Newer, More Fuel Efficient Models
The latest Global Market Forecast (GMF) from Airbus identifies a need for some 28,200 passenger (of 100 seats or more) and freighter aircraft between 2012 and 2031 worth nearly $4 trillion, reconfirming an upward trend in the pace of new aircraft deliveries. Of these, over 27,350 will be passenger aircraft valued at $3.7 trillion.