Airbus Predicts Significant Aircraft Growth by 2036

According to Airbus, the amount of aircraft seating between 100 passengers and 500 passengers will grow from close to 19,000 to over 40,000 by 2036. This would significantly exceed the current growth rate of 4.4% per year. However, according to the aircraft manufacturer, the quantity of new planes will not be the only numbers rising. The Airbus Global Market Forecast of 2017-2036 predicts the number of first-time flyers will rise, as well as the amount of tourism travel and new…