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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Airbus SE | EU:AIR | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.74 | 0.47% | 158.70 | 158.00 | 159.00 | 158.70 | 157.04 | 157.72 | 660,035 | 16:40:00 |
From May 2019 to May 2024
By Antonia Di Lorenzo
Airbus SE (AIR.FR) said Wednesday that it forecasts a need for more than 39,000 new aircraft in the next 20 years.
"Of these, 25,000 aircraft are for growth and 14,210 are to replace older models with newer ones offering superior efficiency," the European plane maker said.
The world's passenger and freighter aircraft fleet is expected to more than double from nearly 23,000 to almost 48,000 by 2038, with traffic growing at 4.3% on an annual basis, it said.
"The 4% annual growth reflects the resilient nature of aviation, weathering short-term economic shocks and geo-political disturbances," said Christian Scherer, Airbus chief commercial officer and head of Airbus International.
Write to Antonia Di Lorenzo at antonia.dilorenzo@wsj.com; @AntoniaDL89
(END) Dow Jones Newswires
September 18, 2019 05:25 ET (09:25 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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