Boeing expects airplane numbers to double over the next 20 years

Posted on 11 Jun 2013

Aerospace company Boeing projects a demand for more than 35,000 new airplanes over the next 20 years.

The aircraft manufacturer made the prediction in its Current Market Outlook released today.

An addition of 35,000 new aircrafts would double the current world fleet, valued at $4.8 trillion, while both passengers and cargo traffic are also expected to grow at a 5% annual increase.

Randy Tinseth, vice-president of marketing, Boeing Commercial Airplanes, said: “This forecast gives us confidence as we increase our production rates and invest in new products like the 777X and 787-10X.

“Airlines are demanding more efficiency and that is exactly what we’ll be giving them.”