Airbus shaves 20-year demand forecast, sees faster replacements

Published by
Reuters

By Tim Hepher and Alexander Cornwell DUBAI (Reuters) -Airbus shaved its forecast for total commercial airplane demand by 0.5% compared with pre-pandemic projections on Saturday, offset by a brighter outlook for freighters as jetmakers fight for inaugural sales of new cargo planes. Airbus updated the widely watched forecast on the eve of the Dubai Airshow, where a battered aviation industry is reeling from the loss of two years’ growth to COVID-19, while outlining its latest environmental plans amid growing climate pressure. Airbus said it expected a market total of 39,020 jetliner deliveries i…

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