Global demand for airline service lifts airplane forecast to new high
The world wants to fly, or at least a growing number of people around the world do and that's lifting forecasts for new planes, especially narrow-body models, to an all-time high. "The market is especially hungry for single-aisle airplanes as more people start traveling by air," said Randy Tinseth, VP of Marketing at Boeing Commercial Airplanes. Boeing's new forecast predicts the world will need 41,039 new airplanes over the next 20 years. That is 3.6% increase over the company's forecast from last year. The value of the orders is calculated at US$6.1t. A huge factor is the rise in middle-income travellers in developing markets like China and India. Not surprisingly, China remains the largest market for new airplanes. Over the next 20 years, Boeing expects Asia, including the China market to need more than 16,000 new airplanes. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-06-21/general/global-demand-for-airline-service-lifts-airplane-forecast-to-new-high
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Global demand for airline service lifts airplane forecast to new high
The world wants to fly, or at least a growing number of people around the world do and that's lifting forecasts for new planes, especially narrow-body models, to an all-time high. "The market is especially hungry for single-aisle airplanes as more people start traveling by air," said Randy Tinseth, VP of Marketing at Boeing Commercial Airplanes. Boeing's new forecast predicts the world will need 41,039 new airplanes over the next 20 years. That is 3.6% increase over the company's forecast from last year. The value of the orders is calculated at US$6.1t. A huge factor is the rise in middle-income travellers in developing markets like China and India. Not surprisingly, China remains the largest market for new airplanes. Over the next 20 years, Boeing expects Asia, including the China market to need more than 16,000 new airplanes. <br/>
