Boeing lifts forecast for aircraft demand
The world’s airlines will need 39,620 new aircraft worth US$5.9t over the next 20 years, Boeing forecast, up 4.1% on its estimate last year. This will be driven largely by the growth of low-cost carriers and emerging markets, Boeing said on the first day of the Farnborough Airshow. The company said 28,140 new single-aisle planes will be delivered in the 20 years to 2035, up 5% from its forecast last year. Airlines will need 9,100 wide-body aircraft, with the company saying a wave of replacement demand will come in the 2021-2028 time-frame. Analysts have predicted a slowdown in aircraft purchases after Boeing and Airbus booked a record numbers of orders over the last few years. Falling oil prices also mean airlines are likely to keep older less fuel-efficient planes in their fleets for longer. <br/>
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Boeing lifts forecast for aircraft demand
The world’s airlines will need 39,620 new aircraft worth US$5.9t over the next 20 years, Boeing forecast, up 4.1% on its estimate last year. This will be driven largely by the growth of low-cost carriers and emerging markets, Boeing said on the first day of the Farnborough Airshow. The company said 28,140 new single-aisle planes will be delivered in the 20 years to 2035, up 5% from its forecast last year. Airlines will need 9,100 wide-body aircraft, with the company saying a wave of replacement demand will come in the 2021-2028 time-frame. Analysts have predicted a slowdown in aircraft purchases after Boeing and Airbus booked a record numbers of orders over the last few years. Falling oil prices also mean airlines are likely to keep older less fuel-efficient planes in their fleets for longer. <br/>