The growth is especially driven by the demand for long-haul wide-body aircraft.
European aircraft manufacturer Airbus has raised its forecast for aircraft demand. Airbus estimates that over the next two decades, 42,430 new aircraft will be delivered to customers worldwide.
The number is four percent higher than in the previous forecast.
The forecast shows, among other things, the prolonged lull in demand caused by the pandemic, when many airlines want to renew their long-haul aircraft fleet and the rising economies of Asia increase air traffic.
Airbus calculates that demand for flights will increase as 1.7 billion people enter the middle class over the next two decades and are able to use their incomes to travel by air.
According to Airbus, the demand for wide-body aircraft will increase by nine percent in the next 20 years. There will be demand for them especially in North and South America. On the other hand, in the Middle East, Airbus drops their forecast by two percent.
Airbus predicts a three percent increase in demand for narrow-body aircraft and two percent for cargo planes.
Reuters