Latin American airline fleet to double
Boeing and Airbus forecast Latin America's commercial fleet to at least double in the next 2 decades as economic growth accelerates in the region. Airbus projected Latin American airlines will need 2,540 new planes by 2034, worth US$330b. It predicted a doubling of the number of airliners in operation. Air traffic during that time will grow 4.7% annually in the region, the company predicted, slightly higher than its forecast for 4.6% growth worldwide. Boeing forecast that Latin American airlines will need 3,050 new planes worth $350b over the next 2 decades. Sixty percent of Latin America's existing commercial fleet will be replaced in the next 20 years, with the overall fleet size tripling during that time. "In the long term, the economies of Latin America will grow faster than those in the rest of the world," said Boeing. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-03-30/general/latin-american-airline-fleet-to-double
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Latin American airline fleet to double
Boeing and Airbus forecast Latin America's commercial fleet to at least double in the next 2 decades as economic growth accelerates in the region. Airbus projected Latin American airlines will need 2,540 new planes by 2034, worth US$330b. It predicted a doubling of the number of airliners in operation. Air traffic during that time will grow 4.7% annually in the region, the company predicted, slightly higher than its forecast for 4.6% growth worldwide. Boeing forecast that Latin American airlines will need 3,050 new planes worth $350b over the next 2 decades. Sixty percent of Latin America's existing commercial fleet will be replaced in the next 20 years, with the overall fleet size tripling during that time. "In the long term, the economies of Latin America will grow faster than those in the rest of the world," said Boeing. <br/>
