Breaking Travel News

Aircraft Production News

Aviation industry to add 45,900 aircraft worth $3.3 trillion over the next 20 years

Aviation industry to add 45,900 aircraft worth $3.3 trillion over the next 20 years

23 October 2024 Press Release Airline News Organisations & Operators

Cirium, the world’s most trusted source of aviation analytics, has published its annual Fleet Forecast, revealing the future outlook of the global commercial passenger and freighter aircraft market. The independent forecast, now in its twelfth year, reveals that 45,900 aircraft are predicted to be delivered globally over the next 20 years, equating to a total value of $3.3 trillion USD, as airlines continue to invest in newer and more sustainable aircraft.