SEATTLE (AP) — Boeing says the global airline industry is making a robust economic recovery and will need $3.6 trillion worth of new aircraft over the next 20 years.
Boeing released its annual Current Market Outlook on Thursday, a two-decade forecast of aircraft needs. It says that in all, airlines will need 30,900 new jets between now and 2029. More than two-thirds of the demand will be for smaller single-aisle jets such as Boeing’s 737 and Airbus’ A320.
Boeing Co. officials say the airlines have seen a rebounded in passenger and freight traffic this year and should return to profitability in 2011.
