Sunday, October 02, 2005

Aviation: Middle East and North Africa will need to buy over 1,000 aircraft up to 2023

Airbus has predicted that airlines in the Middle East and North Africa will need to buy over 1,000 aircraft worth a total of $124 billion up to the year 2023. The figure comprises 630 for growth, plus 385 to replace ageing aircraft currently in service

Airbus hope to get at least half of these orders in a market where they currently around 60 per cent of new orders.