Airbus hikes 20-year plane demand forecast
LONDON (Reuters) - Airbus (EAD.PA) revised higher its long-term demand forecast by 3.6 percent on Tuesday, saying the aviation industry would need 29,226 new passenger and freight jets worth $4.4 trillion over the next 20 years, led by growth in Asia.
The new 20-year forecast includes 28,355 passenger jets, up 3.7 percent from its previous estimate a year ago, and 871 freighters, up 1.6 percent.
(Reporting by Brenda Goh and Tim Hepher; Editing by James Regan)
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