Boeing is predicting that the world's airlines will buy 34,000 new airplanes over the next 20 years, driven by strong growth in China, India, and other emerging markets.
Boeing is predicting that the world’s airlines will buy 34,000 new airplanes over the next 20 years, driven by strong growth in China, India, and other emerging markets.
Boeing predicted that $4.5 trillion worth of planes will be sold. It will have to compete with Airbus and other competitors including Bombardier, Embraer, and China’s state-owned COMAC.
Boeing says the most planes will be sold in the Asia Pacific region. The next biggest market is Europe. North America is third.
The Chicago company reduced its projection for the number of freighter airplanes that will be sold. It says the cargo market remains sluggish.
- After embarrassment, Seattle finds public toilet that's just right
- NFL.com says Seahawks have most talented roster in league, and speculate on starting lineup
- Seattle's best restaurants? Classics revisited
- Kyle Seager saves Mariners, 7-6, in 10 innings
- Capitol Hill light-rail station nearly ready for trains to rumble
Most Read Stories
Boeing does a detailed annual study of airline sales trends. Airlines order planes years in advance, so Boeing has to make production decisions years in advance, too.