What Happened
Global Planemaker Adjusts Outlook Amid Trade Tensions
Airbus has revised down its 20-year industry-wide forecast for passenger aircraft demand by 1% due to the Iran war and trade tensions. The company expects 42,060 total passenger jet deliveries between 2026 and 2045, with Asia accounting for about half of all deliveries. Airbus also increased its replacement demand forecast to 47% of deliveries. This news was first reported by Reuters.