Airbus foresaw a demand for about 24,300 new passenger and
freighter aircraft valued at US$ 2.8 trillion by 2026, according to
its latest global market forecast. Passenger traffic is expected to
grow at an average rate of 4.9 percent per year in the forecast
period, leading to a near threefold increase.
The Asia-Pacific region will witness the greatest demand for
passenger aircraft, accounting for 31 percent of the total world
demand, followed by North America and Europe. Emerging markets are
also driving traffic demand, with China and India remaining the
largest.
(Shanghai Daily February 13, 2008)