* Airbus expects global demand for 31,400 aircraft horizon 20 years * Emerging markets, particularly China will boost demand * Airbus appoints new manager for its activities in Britain (Updated with details) TOULOUSE, September 24 (Reuters) – Airbus said on Wednesday it had revised upwards its forecast for global demand for aircraft for the next 20 years, driven by orders from emerging countries, particularly China, becoming the first global aviation market. The European aerospace and defense now expects global demand to reach 31,400 devices in the next 20 years, an increase of 7% compared to its previous forecast. At list prices, the demand for devices represents a total value of 4.600 billion. “Regions ‘historical’ of aviation, such as Europe and North America continue to grow, but Asia, and with it the emerging markets, will be distinguished from the rest of the world by their strong growth momentum, “said John Leahy, Airbus commercial director. The group expects annual growth of 4.7% in passenger traffic over the period 2014-2033 . The European aircraft manufacturer has also added that he reiterated his objective of increasing the production of the Airbus A350, the future long-haul, and a decision on the matter would be taken in 2015 Read more …
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