Based on current forecasts, the world’s fleet of passenger and freighter aircraft is expected to more than double by 2038. The projected fleet is expected to exceed 47,000 aircraft, more than 39,000 of which will be new aircraft.
Posted by Jeffrey Richmond
Mr. Richmond recently retired from the Aerospace industry as a technical writer and continues to write and research on a variety of topics including aviation and aerospace business. He spent a tour of duty as a pilot and instructor in the US Air Force, flew for a regional airline, and taught at two aviation universities. Jeff and his wife Peggy live in the country between Chattanooga and Nashville, Tennessee.
