Forecast: Germany will need more than 1,000 new airplanes in next 20 years

Germany will need more than 1,000 new passenger planes and freighters valued at $148 billion at today’s list prices over the next 20 years, a new Airbus global market forecast said.

Demand will include 690 single-aisle planes, more than 230 twin-aisle medium to long-range jets and close to 100 very large aircraft, such as the Airbus A380, the forecast said.

The forecast comes as the Berlin Air Show opens at the Berlin ExpoCenter Airport on Tuesday.

Hawker Beechcraft, meanwhile, announced its participation at the Berlin show, which runs through Sunday.

The company will have on display a King Air 250 and Baron G58.

Germany is the largest business aviation market in Europe, Hawker Beechcraft said. About 16 percent of the region’s business airplanes are based in the region.

The country will also beĀ  the biggest market in Europe for passenger aircraft in the next 20 years, according to the Airbus forecast.

Its fleet is expected to nearly double over the next two decades.

Germany’s air travel has grown 45 percent from 2000 to 2011.