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Squawks & HeadlinesBoeing expects market for 34K new planes

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Boeing expects market for 34K new planes

Boeing predicted that $4.5 trillion worth of planes will be sold. (seattletimes.nwsource.com) More...

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Jeffrey Babey 1
(Duplicate Squawk Submitted)

Boeing predicts 34,000 new airplanes to be sold over the next 20 years

Boeing projects a $4.5 trillion market for 34,000 new airplanes over the next 20 years as the current world fleet doubles in size, according to the Boeing 2012 Current Market Outlook (CMO) released this week. The company’s annual forecast reflects the strength of the commercial aviation market.