Airbus: Booming Eastern Markets To Lead Airliner Demand
Airbus COO for customers John Leahy explains that in 20 years domestic flows will account for a third of all traffic during a September 4 presentation in London. (Photo: Airbus)
Airbus COO for customers John Leahy explains that in 20 years domestic flows will account for a third of all traffic during a September 4 presentation in London. (Photo: Airbus)

Dynamic growth in emerging economies will be the principal factor driving commercial aircraft requirements in the coming 20 years, according to Airbus. Other major contributions will come from increased global urbanization and a doubling of middle-class populations. “By 2031 the number of ‘mega-cities’ will more than double to 92, and 90 percent of the world’s traffic will be between (or through) these points,” concluded the European airframer in its new 2012-31 market forecast, released in London on September 4.