Aircraft
Boeing Boosts Commercial Market Forecast
Company sees 20-year demand for nearly 40,000 new airplanes.

Boeing’s estimate of a 20-year demand for 39,620 new airplanes valued at $5.9 trillion reflects a 4.1 percent increase over last year’s forecast and the company’s increasing bullishness over the prospects for long-term economic prosperity. The projection, part of the company’s current market outlook (CMO) released on the opening day of the Farnborough Airshow yesterday, underscores a particularly sanguine projection for single-aisle jets, where low-fare and emerging market growth will result in a need for 28,140 airplanes, up 5 percent from Boeing’s forecast last year.