Aircraft
Boeing sees need for 28,600 new jetliners over next 20 years
Record how long it takes to read this news item.

Record how long it takes to read this news item. By the time you finish reading, the world’s airlines will have spent hard-earned (or -borrowed) cash to acquire new equipment at the rate of about $8,745/second.

So says Boeing Commercial Airplanes, which last week published its latest 20-year forecast for the new-jetliner market. The U.S. manufacturer foresees airline requirements for some 28,600 new aircraft (including freighters) worth around $2.8 trillion ($2,800 billion) from 2007 to 2026, said marketing vice president Randy Tinseth. In turn, the numbers equate to an average “sticker” price of $97.9 million.