AIRBUS has predicted that China and India will be key growth drivers for the aviation industry in the next two decades, as the European planemaker expects the global commercial fleet to double in that period.
In the company’s annual global market forecast, it projects that the world will have 48,230 aircraft in 2043, compared to 24,240 planes at the start of 2024.
About 45 per cent of all new plane deliveries will be replacements for older, less fuel-efficient aircraft.
