AERO TRADING GROUP Corp

Aircraft service market to double in value in 20 years – Airbus

Aircraft service market to double in value in 20 years – AirbusAircraft service market to double in value in 20 years – Airbus Airbus predicts the global commercial aircraft service market to recover to pre-pandemic levels in 2023 and double in value from $95bn to over $230bn in the next two decades, in its latest Global Services Forecast (GSF). As per Airbus’ prediction, these figures show an increase in the number of people working in aviation services by two million. Philippe Mhun, Airbus EVP Programmes, and Services, said: “Every day millions of people in services, hidden champions behind the scenes, keep our global fleet of aircraft flying. Alone the number of pilots, cabin crews, and maintenance specialists is set to grow by a

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