Aviation outlook: Airbus says Asia Pacific to need 19,560 new planes; India-China to drive half of global demand

Asia Pacific is set to demand nearly 20,000 new aircraft over two decades, driven by booming passenger traffic in India and China. Airbus forecasts the region will account for 46% of global demand, with fleet expansion and replacement of older planes fueling this growth. This surge highlights an exciting phase for aviation in the region.