mba Aviation (US) has forecasted that the global airline industry will require nearly 33,000 narrowbody and widebody aircraft by the year 2029. According to their analysis, approximately 19,000 of these aircraft will consist of those currently in service, while 14,000 are expected to be fulfilled through new deliveries.
Airbus has released its latest market forecast, predicting that the Asia-Pacific region, including the Indian subcontinent, will require approximately 19,500 new aircraft over the next 20 years. This demand represents 46% of global aircraft requirements, highlighting the region’s critical role in shaping the future of global aviation. The projection underscores Asia-Pacific’s position as the fastest-growing aviation market, driven by economic expansion, urbanization,…
