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AIRBUS GLOBAL MARKET FORECAST 2001-2020

The history of air transport shows a pattern of strong growth interrupted by a series of short-term downturns from which traffic has invariably rebounded to resume its secular growth trend.
Consequently, although recognising that the present crisis is likely to have a lasting effect on travel habits in some major markets, Airbus forecasters are confident that in the long term civil air transport will continue to grow strongly, providing a huge business opportunity for manufacturers of civil aircraft, engines and equipment as well as related services.
The major predictions for the GMF are that during the period 2001 - 2020, traffic will recover swiftly from the impact of the present crisis, to resume something close to its historical growth rate. As major air travel markets mature, the annual growth in revenue passenger-kilometres (RPKs) will progressively decline, but will still average a strong 4.7% during the next twenty years.

By 2020, global passenger traffic will be two and a half times its current volume. Freight tonne-kilometres (FTKs) will triple during the period, growing at an even more rapid average annual 5.5%.