News & Analysis » US
Boeing Projects $700 Bln Commercial Airplanes Market In North America - Quick Facts
September 3, 2010, Friday, 00:24 GMT | 19:24 EST | 04:54 IST | 07:24 SGT
(RTTNews) - Boeing Co. (BA) said Thursday that it expects airlines in North America to take delivery of about 7,200 new airplanes over the next 20 years at an investment of $700 billion.
New airplane deliveries in Canada and the United States will be driven largely by the need to retire older, less fuel-efficient single-aisle airplanes and regional jets, as airlines replace them with new-generation, more fuel-efficient models, Boeing noted.
The company said if the retirements of airplanes are taken into account, the North America fleet will grow from 6,590 airplanes today to about 9,000 airplanes by 2029.
Stock Market Forum
- Information about Stock trading - An Article
7 February 2012
- how do you find canada stocks to trade?
3 February 2012
- my stock to watch for tomorrow-CLD
3 February 2012
- Dynamic levels is all about showing the stock levels for last 12 years.
19 January 2012
- Bank of England Keeps Base Rate unaffected at 0.50%
13 January 2012
- Oil price rise fuels India's inflation
4 January 2012
- How to invest in stock market
27 December 2011
- Four Secrets to invest in Stock Market: Beginners Guide
27 December 2011
- Food inflation plunges to 4-year low of 1.81%
22 December 2011
- Nifty delete certain posts gains on GDP data
22 December 2011