
Airbus Sees Global Aircraft Fleet Doubling by 2044, Led by India
Airbus SE predicted the global commercial aircraft fleet will double in size to almost 50,000 planes over the next 20 years, spurred by rapid growth in markets like India, where a rising middle class increasingly takes to air travel.
The global in-service fleet will swell by 24,480 units to 49,210 aircraft in 2044, Airbus predicted in its latest global market forecast that includes both its own planes and those of rivals like Boeing Co. Most of the growth will come from single-aisle aircraft like the Airbus A320 family or Boeing's 737, which form the backbone of many airlines' fleets, Airbus said.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
12 minutes ago
- Bloomberg
Pop Mart's 200% Stock Rally Spurs Rush to Hike Price Targets
Wall Street analysts are rushing to raise price targets on Pop Mart International Group Ltd. following the success of its Labubu dolls. At least five brokerages, including Deutsche Bank AG and Morgan Stanley, have lifted projections on the Hong Kong-listed stock this week. Citigroup Inc. hiked its price target by 90% to a street high of HK$308 apiece, citing the growing influence of the company's intellectual properties globally.


Bloomberg
12 minutes ago
- Bloomberg
A $115 Billion Fund Manager Bets on Shortest Maturity India Debt
India's economic growth is set to accelerate sharply, making the ultra short-end of the debt market the most attractive segment, according to one of the country's top money managers. The recent slowdown was a 'mid-cycle correction', and the central bank's policy support has laid the groundwork for growth to return to its long-term trend, Manish Banthia, chief investment officer of fixed-income at ICICI Prudential Asset Management Co., said in an interview.

Wall Street Journal
32 minutes ago
- Wall Street Journal
WSJ Aviation Safety Reporter Answers Questions About India Plane Crash
News moves fast, and there's not always time to untangle the complex forces driving the day's biggest stories. WSJ Explains breaks down big market moves, business and economic trends, and scientific developments to help you stay ahead of the curve.