NYSE:BAAerospace & Defense
Boeing (BA) Sees $4.9 Trillion In Aviation Services And A 50,000 Jet Fleet
Boeing (NYSE:BA) released long term forecasts outlining a US$4.9b global aviation services market over the coming decades.
The company expects the global commercial fleet to expand to more than 50,000 airplanes as passenger traffic doubles over 20 years.
The outlook also highlights substantial demand for aviation personnel, including pilots, technicians, and support staff.
Boeing is a major supplier of commercial jets and related services, so its long term outlooks tend to frame how...