Aerospace Machining demand is forecast to continue to 2031

Airbus’ Global Market Forecast for 2012-2031 offers a forward-looking view of the air transport sector’s evolution – taking into account such drivers and factors as population growth, urbanization, emerging markets, innovation and environmental impact. During this period, Airbus foresees the need for some 27,300 passenger airliners with seating capacities of 100 seats and above, along with nearly 900 new factory-built freighter aircraft. The Global Market Forecast also anticipates a more than doubling of the world’s overall passenger aircraft inventory, from 15,500 today to more than 32,500 by 2031 Source - http://www.airbus.com/company/market/forecast/  

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