Aircraft
Boeing Forecasts 20-year Market for 7,530 New Airplanes in North America
Boeing forecasts demand for 7,530 airplanes in North America
The 737MAX has now drawn more than 600 "commitments." (Photo: Boeing)
The 737MAX has now drawn more than 600 "commitments." (Photo: Boeing)

Boeing forecasts that air carriers in North America will take delivery of 7,530 new airplanes worth $760 billion over the next 20 years, the company said in a market outlook issued today in Montreal.

Taking retirements of airplanes into account, the North American fleet will grow from 6,610 airplanes today to about 9,330 airplanes by 2030, according to the outlook. Demand in the U.S. and Canada will center primarily on single-aisle jetliners, due to the need for replacing aging airplanes with new, more fuel-efficient ones. For the purposes of the Boeing forecast, the North American market consists of the U.S. and Canada. It includes Mexico in its forecast for Latin America.