Reading Time: 2 minutes Boeing forecasts that airlines in the Middle East will need 3,350 new airplanes over the next 20 years, valued at an estimated $730 billion. Boeing presented its 2017 Current Market Outlook (CMO) for the region during the Dubai Airshow. “Traffic growth in the Middle East is expected to grow at 5.6 percent annually during the […]
Reading Time: 2 minutes China’s leading provider of commercial airplanes, projects a demand for 6,810 new airplanes in China over the next 20 years. Boeing released its annual China Current Market Outlook (CMO) today in Beijing, estimating the total value of those new airplanes at $1.025 trillion. China becomes the first trillion dollar aviation market in Boeing’s forecast. “As […]
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