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About this forecast To create this forecast, the Stevens team conducted a dynamic forecasting computer-based simulation, which considered consumer purchasing behavior, insurance revenue calculation, automobile market sales, and new insurance sub-categories. Second, they can develop the needed actuarial framework and models.
By 2026, the global market for commercial aircraft is projected to reach around $70 billion , up from $55 billion in 2019. For example, they have developed a new Open Fan Design that will reduce carbon emissions by more than 20%. And by 2030, it aims to have SAF account for at least 10% of its global aviation fuel sales.
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