Airbus reports revised 20 year forecast

Some 25,000 new passenger and freighter aircraft valued at US$3.1 trillion will be delivered from 2009 to 2028, according to Airbus' latest Global Market Forecast. Emerging economies, evolving airline networks, expansion of low cost carriers and the increasing number of mega-cities as well

as traffic growth and the replacement of older less efficient aircraft with more eco-efficient airliners are factors driving demand for new aircraft.