Airbus planning for significant expansion in aviation sector
The commercial aircraft services market will nearly double in value to $255bn by 2042, according to aircraft manufacturer, Airbus, which employs 3,000 staff at its plant in Filton, near Bristol.
The group's latest Global Services Forecast (GSF), reflecting the ‘Maintain’, ‘Train & Operate’ and ‘Enhance’ categories, says rebounding air traffic, as well as demand for digitally-enabled and connected aircraft, is driving this momentum.
The GSF sees more than 17,000 aircraft being replaced between now and 2042, as a r... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
