Boeing sees commercial jetliner market almost doubling


FILE PHOTO: The Boeing logo is seen on the side of a Boeing 737 MAX at the Farnborough International Airshow, in Farnborough, Britain, July 20, 2022. REUTERS/Peter Cziborra/File Photo

NEW YORK: Boeing Co expects the number of jets flying commercially will double over the next two decades, with almost 44,000 aircraft entering the market as the aviation industry weathers factory bottlenecks and other short-term disruptions.

The US planemaker’s annual study shows that the total number of aircraft needed is 3.2% higher than last year’s forecast as air travel surged past pre-pandemic levels. Single-aisle jets are expected to account for about three-quarters of the new deliveries.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Boeing , jetliner , airline , Airbus

Next In Business News

Sentral REIT appoints Tay Hui Ling as CEO
Mega First to acquire 12.5% stake in Stenta Films for RM33.10mil
DXN inks MoU with Apex-Brasil to explore Brazil, eyes US$50mil investments
F&N to focus on innovation, diversification and transformation
Mulpha International invests US$20mil in Hong Kong's Sun Hung Kai bond programme
Ringgit breaches 4.04 level against US dollar after OPR maintained at 2.75%
Capital A’s Teleport to raise US$50mil via perpetual securities
Apex Healthcare to be delisted on Jan 27
Prudential to raise stake in Malaysia life insurer holding firm to 70% for US$377mil
BWYS shareholders approve RM67mil property disposal, RM94.5mil land acquisition

Others Also Read