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Boeing forecasts 64% global airline fleet expansion by 2029

Boeing forecasts 64% global airline fleet expansion by 2029 July 16, 2010 Following a gloomy year of falling air traffic demand and roiled financial markets, Boeing Co. raised its 20-year industry forecast for new commercial aircraft on Thursday to reflect the recovering global economy. By 2029, the Chicago-based manufacturer predicted the global fleet would expand some 64% to 30,900 aircraft from 18,890 today, a $3.6 trillion opportunity for the builders of passenger and cargo jetliners. That’s up from the past year’s industry forecast of 29,000 at $3.2 trillion when global air traffic was projected to fall 4% for the year. Driving the growth will be new opportunities in the Asia-Pacific region, particularly for single-aisle jets, according to Randy Tinseth, vice president of marketing for Boeing Commercial Airplanes.

Qatar Airways inducts 50th Boeing 777 into its fleet

Qatar Airways inducts 50th Boeing 777 into its fleet
eturbonews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eturbonews.com Daily Mail and Mail on Sunday newspapers.

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