Aero market still in storm, but clearer skies ahead: Boeing

Feb 03, 2010 | 11:36 AM | Anne Riley

With Boeing Co. forecasting the need for 29,000 new aircraft worldwide by 2028, which it values at some $3.2 trillion, the commercial airplane manufacturer said it sees clearer skies ahead.

Boeing expects the aerospace industry to soar during the next two decades, with airline traffic forecast to increase by 4.9 percent by 2028, cargo traffic by 5.4 percent and the world's airline fleet by some 3.2 percent, according to Jeffry Melville, the company's procurement agent.....

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