Boeing raises long-term forecast for jetliner deliveries
Boeing Co.
$140.19
11:09 15/11/24
Boeing was in focus after the jet manufacturer raised its forecast for new airplane demand over the next 20 years.
Dow Jones I.A.
43,349.43
04:30 15/10/20
Strong passenger growth would require 3.6% more aircraft than the manufacturer had projected last year, with deliveries expected to reach 41,030 and to be worth $6.1trn at market prices.
In the latest edition of its Current Market Outlook, which was published on the sidelines of the Paris Air Show at Le Bourget, France, the jet-maker predicted demand for single-aisle airplanes would be strongest over the forecast period, fueled by low-cost carriers and emerging markets.
Deliveries in that category were seen hitting 29,530 units with a market value of $3.18trn.
The forecast for widebody jet deliveries was 9,130 airples with a market value of $2.76trn.
A large wave of potential replacement demand in widebides was expected to take off early in the next decade, Boeing said.
As of 1630 BST shares in Boeing were 0.81% higher at $200.69.