The resumption of commercial flights in markets including the US has revised its forecast for the long-term demand for Boeing aircraft, softening a bad outlook at the height of last year’s Corona virus shutdowns.
The U.S. aircraft maker, which dominates aircraft sales with European Airbus, expects to deliver 43,610 commercial aircraft over the next 20 years, worth $ 7.2 trillion, 500 units more than the 43,110 aircraft predicted a year ago.
In the short term, i.e. within 10 years, airlines will be hit hardest by the epidemic, with Boeing expected to deliver 19,330 aircraft, up from 18,350 in the previous year.
The ten-year outlook is 6% lower than the forecast released in 2019, but the decline from pre-epidemic levels to 11% a year earlier.
Boeing chief strategist Mark Allen told reporters: “One of the strongest reasons we believe in the speed at which domestic travel has recovered in the last 12 months.”
Follow the economic report through Google News
“Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator.”