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BA
New York Post
65 days

Boeing slightly trims projection for 20-year jet demand

1. Boeing forecasts a 40% rise in air travel demand by 2030. 2. Company projects demand for 43,600 new airliners through 2044. 3. Passenger traffic growth forecast lowered from 4.7% to 4.2%. 4. Production issues persist; FAA caps 737 MAX production at 38/month. 5. China expected to resume deliveries, crucial for backlog and growth.

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FAQ

Why Bullish?

The forecast suggests strong future demand for aircraft, potentially boosting BA's revenues. Historical data shows similar forecasts have positively influenced stock prices when aligned with demand surges.

How important is it?

The article addresses Boeing's demand outlook, vital for investor and market sentiment. Positive trends in demand and potential recovery in production can attract investors.

Why Long Term?

The demand forecast extends to 2044, indicating sustained growth potential. Previous forecasts with long-term implications have led to gradual stock appreciation.

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