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AUSTRALIA, NZ SEEN TO OUTPACE WORLD IN AIR PASSENGER GROWTH: AIRBUS.

Publication: AsiaPulse News
Publication Date: 04-NOV-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
SYDNEY, Nov 4 Asia Pulse - Aircraft manufacturer Airbus says Australia and New Zealand are expected to outpace the rest of the developed world in terms of passenger growth.

Airbus chief operating officer for customers, John Leahy, says airlines in the South Pacific, a region dominated by the two trans-Tasman markets, will require an additional 630 new aircraft over the next 20 years, worth about US$87 billion.

Traffic in the region is expected to grow at five per cent a year, the fastest pace...

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