What Happened
European Aircraft Manufacturer Predicts Surge In Skilled Workers Demand
Airbus predicts that the global aviation industry will need 2.4 million additional workers by 2045, driven by a doubling in demand for aviation services. The European aircraft manufacturer forecasts that the global services market will reach $422 billion by 2045, with a compound annual growth rate of 3.8%. This growth is expected to be driven by an increase in passenger traffic and fleet numbers, with 1.4 billion additional people travelling by air and 45,550 new aircraft entering service. The forecast was reported by an unknown source.