Middle East & North Africa to invest $124 Billion in Airliners

Airbus, one of the world's airline powerhouse, is fortelling that the Middle East and North Africa will have to purchase 1000 airliners, with a net worth of 124 billion dollars by the year 2023. With 385 jets being replaced and 630 jets being produced for business expansion, Airbus is expecting to receive half of the bids. Delivering half of the world's jetliners in the past 5 out of 6 years, Airbus plans to deliver their half to the Middle East and North Africa by this year .

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