Airbus revises up jet demand forecast, shaves traffic growth

“Airbus however shaved its forecast for average 20-year traffic growth to 4.3% a year from 4.4% in its previous report” writes Midwest Communications Inc for Airbus said it now expects airlines and leasing companies to take delivery of 39,210 new passenger jets and freighters over the next two decades compared to 37,389 previously forecast.LONDON (Reuters) – Airbus on Wednesday revised up forecasts for jetliner demand over the next 20 years led by growth in Asia, despite the industry’s short-term concerns over global trade tensions.But the demand for new jets needed to reach that total has been revised upwards because Airbus believes airlines will replace a greater proportion of jets than previously thought.

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