Airbus expects China, India to drive jet sales

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Airbus expects China, India to drive jet sales - Business Mirror

Quick Summary:

Airbus SE predicted China and India will be key growth drivers for the aviation industry in the next two decades as the planemaker expects the global commercial fleet will double in the period.

Carriers in India have loaded up on new plane orders as demand for flying soars with a growing middle class.

On Friday, Deutsche Lufthansa AG cut its profit outlook for the full year as it wrestles with higher unit costs and falling ticket prices.