Airbus projected last week that Russian airlines will need more than 900 passenger aircraft valued at $79 billion over the next 20 years to meet demand for both replacement and fleet growth. Russian passenger traffic is expected to increase 6.2% annually on average over the next two decades, faster than the world average of 4.9%, Airbus said.
Subscribe to Access this Entire Article
"Other News - 03/15/2008" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.