Airbus has forecast a need for 34,170 passenger and 730 freighter aircraft, worth a combined total of $5.3 trillion, by 2036, according to Airbus’ latest Global Market Forecast 2017-2036 presented June 9. Over the next 20 years, the Toulouse-based manufacturer said aircraft purchases will be driven by increasing numbers of first-time flyers, rising disposable income spent on air travel, expanding tourism, industry liberalization, new routes, and evolving airline business ...

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