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published in Blogs
Sep 15, 2021
Boeing (BA, $213.52) projects $9 trillion aircraft market for 2040

Boeing (BA, $213.52) projects $9 trillion aircraft market for 2040

Boeing Co.  published its annual industry forecast that suggests that global demand for commercial aircraft hasn't yet returned to pre-pandemic levels.

The 2021 Boeing Market Outlook projects  overall demand for around 43,610 over the next two decades. This is down from its 2019 forecast of 44,040.

Boeing's ten year-horizon forecast indicates global demand for 19,000 commercial airplanes valued at around $3.2 trillion, as cargo fleets expand to meet expanding e-commerce sales in major economies.

Boeing projects a total addressable market of $9 trillion for 2040, compared to its forecast of $8.5 trillion last year and $8.7 trillion in 2019.

Related Tickers: BA