Message Font: Serif | Sans-Serif
No. of Recommendations: 2
Boeing Co. raised its market forecast for India as the planemaker expects travel demand to grow in the world’s second-most populous nation.
Boeing predicts Indian airlines will need 1,740 new planes over the next 20 years, up from the 1,600 planes it forecast a year ago, Dinesh Keskar, a senior vice president at the Chicago-based company, said Wednesday at a briefing in New Delhi. Of those planes, valued at $240 billion, 84 percent of the demand will be for single-aisle aircraft, such as Boeing’s 737 and the A320 from rival Airbus Group SE.

Boeing expects global airlines will need 38,050 airplanes over the next 20 years valued at more than $5.6 trillion.

Lots of PCP components will be going into those airplanes...

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.