Airbus raises jet demand forecast, sees China growth


  • Business
  • Thursday, 25 Sep 2014

A woman looks at her phone at Beijing's international airport. Airbus, which is revising total demand of aircraft to 31,400 passenger and freighter planes between 2014 and 2033, says China is poised to displace North America as the world's largest domestic market within a decade - AFP Photo.

TOULOUSE: Airbus raised its 20-year forecast for jet demand on Wednesday, citing growth in emerging markets, with China on the brink of becoming the world's aviation powerhouse.

The European planemaker said it saw strong demand for wide-body long-distance jets as airport constraints force airlines to upgrade from smaller planes on some routes, and said it might speed up production plans for A330neo and A350 jets.

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