Boeing expects airline recovery in 2010

11/20/2009 | Wall Street Journal, The

A Boeing Co. executive says the airline industry is getting back on track and profits are expected to return soon. "2010 will be a year of economic recovery, 2011 airlines will return to profitability and 2012 we will see increased demand for new aircraft to replace older ones," said Randy Tinseth, Boeing's vice president of marketing, during an industry conference in Singapore.

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