Airbus expects to maintain share for a decade

7th Mar 2011

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Airbus expects maintain its global market share for commercial aircraft sales at 45% to 50% over the next 10 years, despite new entrants to the industry. 

Chris Emerson, the European aircraft manufacturer’s senior vice president of product strategy and market forecast, said that the company sees continued expansion in air traffic demand, forecasting growth at 5.8% each year through 2029. 

Speaking in Hong Kong, he added that the company is on track to deliver China Southern Airlines’ first A380 super jumbo in the second half of 2011. China Southern is the only Chinese airline to have ordered the double decker aircraft.