Boeing: Long-haul travel to recover by 2023 or 2024

Tuesday, 14. September 2021 14:11

The Boeing Co. estimated on Tuesday that long-haul travel will return to pre-pandemic levels by 2023 to 2024, while domestic flights should rebound next year. The company projected a $9 trillion market over the next decade for aerospace products and services it provides, up from the $8.7 trillion forecast in 2019, before the coronavirus pandemic.

The aerospace manufacturer saw 10-year global demand for 19,000 commercial airplanes valued at $3.2 trillion. Its 20-year commercial forecast through 2040 projected demand for more than 43,500 new airplanes valued at $7.2 trillion, an increase of about 500 planes over last year's forecast.

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Breaking the News / DJ