Boeing issues 20-year market forecast

Boeing has released its annual Current Market Outlook, which predicts a demand for 36,770 new aircraft over the next 20 years, which represents an increase of 4.2% from last year’s forecast, and a total value of $5.2 trillion. Randy Tinseth, vice president of Marketing, Boeing Commercial Airplanes, said: “This market is strong and resilient. With new and more efficient airplanes entering service, the growth in air travel is being driven by customers who want to fly where they want, when they want.” Fuelling this year’s forecast is the single-aisle market, which is projected to be the fastest growing and most