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The Asia Pacific region is projected to require 19,560 new narrow-body and wide-body planes over the next 20 years, majorly driven by demand from India and China, aircraft maker Airbus said on Saturday.
The demand, Airbus said, represents 46% of the global requirement for 42,520 new aircraft over the timeframe of 20 years.
India and China are driving a major portion of the growth, Airbus Asia Pacific President Anand Stanley said here.
With rising passenger traffic, the Asia-Pacific region is expected to see an annual passenger growth of 4.4%, higher than the global average of 3.6%.
India is one of the world's fastest growing civil aviation markets and airlines have

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