Boeing Raises 20-Year Jet Demand Forecast by 3.8%

Boeing Co. raised its 20-year forecast for commercial jet demand by 3.8 percent as air traffic outstrips global economic growth and airlines refresh their fleets with $4.8 trillion in new planes.

Airliner sales will total 35,280 new jets during the next two decades, compared with a 2012 projection of 34,000 planes, Boeing said today in Paris before next week’s Paris Air Show. Almost all the gain will come from purchases of the single-aisle models that are the workhorses of carriers’ fleets, Boeing said.