Boeing Sees $5.9 Trillion Airplane Market as Outlook Strengthens
- ‘Middle of market’ aircraft will drive demand, company says
- Brexit, commodities crash won’t hurt sales over long term
Boeing CEO: Don't See Brexit Affecting Long-Term Plans
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Boeing Co. is growing more optimistic about airplane orders, increasing its long-term forecast on the expectation that demand for air travel will expand around the globe, led by China and other developing countries.
Airlines will order new planes valued at $5.9 trillion over the next two decades, Boeing said Monday, up 4.1 percent from a year earlier. That would represent a total of 39,620 jetliners across the industry.