Aircraft
Boeing Adjusts Commercial Outlook on Covid Effects
This year’s Commercial Market Outlook sees OEMs delivering five percent fewer airplanes through 2039 than Boeing projected last year.
The first Air China Boeing 737 Max 8 takes off from Boeing's Seattle delivery center in November 2017. (Photo: Boeing)
The first Air China Boeing 737 Max 8 takes off from Boeing's Seattle delivery center in November 2017. (Photo: Boeing)

While the so-called exogenous shock of the Covid-19 pandemic has affected Boeing’s Commercial Market Outlook for 2020 by virtually every measure, company forecasters see the 20-year market for commercial airplanes recovering to within about 5 percent of the trend the CMO predicted last year. The relatively optimistic view assumes that traffic won’t return to its previous trendline until after five years, however, suggesting a far greater difference in the company’s forecast for the next decade. Over the next 10 years, the CMO showed demand for 11 percent fewer airplanes compared with the 2019 forecast.