Boeing Earlier Forecasted Demand for 42,600 New Commercial Jets Over Next 20 Years
Portfolio Pulse from Charles Gross
Boeing forecasts a global demand for 42,595 new commercial jets, valued at $8 trillion, by 2042 due to the resurgence in international traffic and domestic air travel. The 2023 Commercial Market Outlook was released ahead of the Paris Air Show.
June 18, 2023 | 2:05 am
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POSITIVE IMPACT
Boeing's forecast of 42,595 new commercial jets by 2042 indicates a strong market outlook and potential revenue growth.
Boeing's forecast of 42,595 new commercial jets by 2042 shows a positive outlook for the company's market and potential revenue growth. The resurgence in air travel and international traffic will likely drive demand for new aircraft, benefiting Boeing in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100