Content provided in partnership with

Manufacturing Industry

Airbus forecasts growing demand for aircraft

Airline Industry Information, Dec 16, 2004

European aircraft manufacturer Airbus said on Wednesday (15 December) that it expected demand for 16,600 passenger aircraft over the next 20 years.

This includes a predicted sharp rise in demand for very large aircraft such as the new Airbus A380 which is expected to enter service in 2006.

Airbus foresees an average of 830 aircraft delivered each year by itself and its rival Boeing Co, reportedly the only two companies that build aircraft with over 100 seats.

Most Popular Articles in Business: Research and Markets : Tesco Plc - SWOT Framework Analysis; Do Us a Flavor - Ben & Jerry's Issues a Call for Euphoric New Flavors; eBay made easy: ready to start an eBay business? These 5 simple steps will ...; Katrina's lawsuit surge: a legal battle to force insurers to pay for flood ...; Wal-Mart's newest distribution center opened last month near the southwest ...; More »

According to Airbus, airlines will start deploying larger aircraft in order to make better use of convenient time slots at major airports. The company forecasts that in the period to 2023 around 1,650 new large passenger and freight aircraft worth USD416bn will be required, reports Reuters.

((Comments on this story may be sent to aii.feedback@m2.com))

Manufacturing Industry

Airbus forecasts growing demand for aircraft

Airline Industry Information, Dec 16, 2004

Find Research Guides for:

Find Featured Titles for: Health

Most Popular Articles in Business

Most Popular Publications in Business