Brazil will need 701 new aircraft by 2030

Posted on November 18, 2011 • Filed under: Brazil, Business, Latin America Aviation, TRAVEL

Brazil will need more than 701 new aircraft by 2030, more than 100 cars, valued at 82,000 million dollars (60.562 million euros), as reflected in the latest Global Market Forecast (GMF, for its acronym in English) by Airbus.

The European manufacturer estimates that Brazil will become the fourth largest air transport market in the world in the next 20 years, with an annual growth rate of 7.4%, after USA, China and India, and the growing market for Airbus in Latin America.

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