Air India Boeing 787 Crash
Digest more
Top News
Overview
Event details
Boeing is forecasting strong growth in aviation despite recent crash, with demand for 43,600 new planes by 2044.
The crash happened just weeks after the company cut a deal with the U.S. government to avoid taking criminal responsibility for a pair of deadly crashes in 2018 and 2019.
Boeing Co. predicted airlines will need 43,600 new aircraft over the next 20 years, with markets like China and Southeast Asia leading the push as greater prosperity gives more people the means to travel.
Meanwhile, Boeing executives are expected to brief media on the company’s latest 20-year Commercial Market Outlook which predicts demand for 43,600 new aircraft over the next two decades.
Boeing has shaved 250 widebody aircraft from its latest 20-year commercial aircraft demand forecast, describing the tweak as a minor adjustment reflecting factors including a slower-than-expected post-pandemic recovery.
Boeing expects global demand for air travel to increase by more than 40% by 2030, driving the need for thousands of new jetliners in the next few years, according to its 20-year demand forecast for commercial airliners released Sunday ahead of the Paris Airshow.
Boeing 's outlook generally tracks with that of rival Airbus. The European manufacturer also reduced total deliveries slightly in its latest 20-year forecast, which sees a total of 43,420 deliveries through 2044. Airbus pegs 56% of forecasted deliveries as being for growth.
After years of bad press dogged Boeing’s 737 line, the 787 Dreamliner now faces its first major reputational hit following the fatal crash of Air India Flight 171 on Thursday. While the exact cause of the incident won’t be known for many months,