Boeing sees $3.2 trillion market for planes over next 20 years - Puget Sound Business Journal (Seattle):

cheers-mushkenjutyu.blogspot.com
trillion market for new commercial airplanes over the next 20 including demandfor 29,000 new commercial and freighteer airplanes. The Boeing 2009 Current Markegt Outlook was released in Londonb on Thursday and despite theeconomic downturn, Boeing maintainex The Chicago aerospace giantt (NYSE: BA) predicts passenger air traffid to grow at an average rate of 4.9 perceny over the next 20 yearsx and cargo traffic to grow at 5.4 percentt annually. That’s down slightly from last year’s 20-year outlook. Boeing said the world’ds airlines will buy more single-aisle planes, like its Renton-builrt 737 (a predicted 19,460 planew worth $1.
42 trillion) and will spend the most on twin-aislde planes, which it builds in Everety (6,700 planes worth $1.51 trillion over the next 20 Airlines will use more efficient airplanes inthe future, rathefr than using significantly larger planes, Boeing said, adding that the U.S. and Europse will see more replacement planesas less-efficienrt planes are retired. “While the commercialp aviation industry is facing asignifican downturn, it is cyclic and has a long history of declines and said Randy Tinseth, vice president of marketint for Boeing Commercial Airplanes, in a statement.