Boeing Sees Need for 43,600 New Jets

BOEING PREDICTED AIRLINES will need 43,600 new aircraft over the next 20 years, with markets like China and Southeast Asia leading the push as greater prosperity gives more people the means to travel.

- BLOOMBERG

However, the US plane-maker is slightly less bullish than a year ago as—when it estimated that 43,975 planes would enter the global fleet—reflecting a tempering of forecasts for global economic growth.

While trade wars and tariffs initiated by President Donald Trump are roiling the global economy, the aviation industry has weathered other crises and geopolitical turmoil over the decades, most notably the corona pandemic that grounded fleets around the world just a few years ago.