Boeing slashes 20-year forecast for jet demand due to coronavirus

Topics Boeing | jet sales


By Eric M. Johnson and Tim Hepher SEATTLE/PARIS (Reuters) - Boeing cut its rolling 20-year forecast for airplane demand on Tuesday, sending its shares lower as the COVID-19 pandemic lays waste to deliveries over the next few years. The U.

S. planemaker, which dominates jet sales together with Europe's Airbus, forecast 43,110 commercial aircraft deliveries over the next 20 years, down 2% from 44,040 projected a year ago and worth an unchanged $6.8 trillion at list prices. While fleets are still expected to almost double, it.....

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