WHO PAYS FOR THE NEXT 4,000 PLANES?
Half the world’s civil aircraft will have to be replaced within the next 10 years. This means building 4,000 new planes at a cost of something between $175 and 225 billion, and the money has to be found by an industry which is barely making a profit.
Yet the re-equipment has begun. Last year, 654 new aircraft were placed on firm order by civil airlines, for a total of $10.6
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