Airliner Market Worth $4.8 Trillion In 20 Years

Global demand for aircraft in the next 20 years will be even stronger than estimated so far, pulled by demand in the Asia- Pacific region and from low-cost carriers, US manufacturer Boeing said on Tuesday. Boeing raised its estimate of global demand by 3.8 per cent to 35,280 aircraft, and in value by 7.0 per cent to $4,800 billion. (The Economic Times)