Boeing raises jet demand forecast on pandemic recovery

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WATCH: Boeing raises its jet demand forecast on the back of a recovery in domestic air travel

Domestic travel rebound leads a multi-speed recoverySept 14 - Boeing

On a shorter 10-year view, which is more sensitive to the severe fallout on airlines from the COVID-19 pandemic, Boeing sees 19,330 deliveries, up from last year's forecast of 18,350. Boeing sees domestic flying at pre-crisis levels in 2022 followed by regional traffic in 2023 and international in 2024.

But several analysts have raised concerns about the unpredictable spread of coronavirus variants and ongoing travel restrictions, even as vaccination rates steadily increase.A Boeing 737 MAX airplane lands after a test flight at Boeing Field in Seattle, Washington, U.S. June 29, 2020. REUTERS/Karen Ducey/File Photo

Boeing slightly increased its 20-year forecast for deliveries of twin-aisle models like its 787 Dreamliner and the Airbus A350 to 7,670 jets, up from 7,480 previously. For medium-haul single-aisle jets like its 737 MAX - the industry's No. 1 cash cow - Boeing sees 32,660 deliveries over the next 20 years, up from the previous 32,270.

 

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