FILE PHOTO: Visitors talk on the Boeing stand during the European Business Aviation Convention & Exhibition at Cointrin Airport in Geneva, Switzerland May 21, 2019. REUTERS/Denis Balibouse/File Photo
The world’s largest planemaker said at the Paris Airshow it expected 44,040 new airplane deliveries over the next two decades, up from the roughly 43,000 it forecast a year ago. Dominating that tally is a roughly 3% increase in the forecast for single-aisle aircraft, such as the Airbus A320 family and the competing Boeing 737 MAX which remains grounded in the wake of two deadly crashes.
The $3.8 trillion single-aisle market is driven to a large degree by strong demand in the Asia Pacific travel market, Boeing said, though the Chicago-based manufacturer is exposed to slowing economies, trade tensions and geopolitical uncertainties.
More Crap
42 a week?
You can literally kill people in this market and your value will go up
Would you invest in Boeing now?