Boeing Sees Need For 44,000 New Jets; Cautions on Slow Output

Boeing Co. predicted airlines will need 43,600 new aircraft over the next 20 years, with markets like China and Southeast Asia leading the push as greater prosperity gives more people the means to travel.

However, the US planemaker is slightly less bullish than a year ago as — when it estimated that 43,975 planes would enter the global fleet — reflecting a tempering of forecasts for global economic growth.