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BOEING PROJECTS US$2.1 TRILLION MARKET FOR NEW COMMERCIAL AIRPLANES.

Asia Africa Intelligence Wire

| June 09, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Bernama The Malaysian National News Agency)

KUALA LUMPUR, June 9 (Bernama) -- Boeing sees a US$2.1 trillion market for new commercial airplanes during the next 20 years.

Market demand will more than double the world's commercial airplane fleet by 2024 and accommodate a forecasted 4.8 percent annual increase in passenger traffic growth.

The company released its 2005 Current Market Outlook Wednesday in London.

The report is considered the most comprehensive and well-respected analysis of the commercial aviation market.

"The long-term demand for new airplanes is going to remain very strong over the next 20 years," said Boeing …

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