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commercial airplanes

Boeing forecasts long-term resilience and return to growth for Middle East aviation sector

4 mins read

The FINANCIAL — Boeing anticipates demand for 2,945 new airplanes in the Middle East valued at $685 billion over the next two decades, as the industry recovers from the COVID-19 pandemic in the medium and long term. The projection is part of Boeing’s 2020 Commercial Market Outlook (CMO), an annual forecast of 20-year demand for commercial airplanes and services.   The 2020 CMO reflects the impact of the pandemic and Boeing’s view of near-, medium- and long-term market dynamics globally and regionally. Commercial aviation and services markets will continue to face significant challenges earlier in the 20-year forecast, while showing resilience…

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Boeing forecasts long-term resilience and return to growth for Middle East aviation sector

4 mins read

The FINANCIAL — Boeing anticipates demand for 2,945 new airplanes in the Middle East valued at $685 billion over the next two decades, as the industry recovers from the COVID-19 pandemic in the medium and long term. The projection is part of Boeing’s 2020 Commercial Market Outlook (CMO), an annual forecast of 20-year demand for…