Boeing sees $3.2 trillion commercial plane market in next two decades

Boeing expects the market for new commercial airplanes to be worth $3.2 trillion over the next two decades. The company also noted at an annual industry forecast in London that demand is increasing for new fuel-efficient jetliners. The company said it expects the cost of oil to remain high in the near term. Vice President of Marketing Randy Tinseth added that the company has seen several order deferrals in the U.S. this year.

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