According to latest forecast by Europe-based aircraft manufacturer Airbus, airliners from Asia Pacific region will surpass Europe and North America and lead the global demand for larger and more fuel efficient planes in the next 20 years. The companies are expected to take delivery of around 9,870 new passenger and cargo aircraft, including 3,840 widebody ones, valued at $1.6 trillion, it said, insisting the Asia-Pacific market is 'where the action will be' during the period.
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