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Airbus Predicts Air Freight Will Grow 4.8% Each Year Over Next 20

Air freight traffic will grow by 4.8 percent annually over the next 20 years, said Airbus in its “Future Journeys” Global Market Forecast. With passenger traffic growing by 4.7 percent each year during the same period, that means the world…

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will need about 30,000 new aircraft worth about $4.4 trillion over the next 20 years, the report said, including over 2,500 new freighters.