What Happened
OEM Predicts 83 Percent Increase in Flight Activity by 2030
Airbus is predicting significant growth in large business jet demand in the Middle East, with an expected 83% increase in flight activity by 2030. According to the company’s survey, the region is seeing a rise in demand for large business jets, which could drive sales and revenue for manufacturers. This growth may be driven by increasing wealth and business activity in the region. The forecast was reported by Aviation International News.