Smruti D

Ahead of the Dubai air show to be held from 14-18 November 2021, Boeing, the US aerospace major held virtual sessions briefing the press on the market outlook.

The 20-year outlook for Middle East, released by the company, states that the aircraft demand in the region would remain stable. The plane maker forecast 3,000 new commercial jet deliveries worth 740 billion USD by 2040. Boeing’s managing director of commercial marketing for the Middle East and Africa, Randy Heisey said that the Middle East’s role as a global connecting hub continues to be important for developing markets to and from South-East Asia, China, and Africa.

“The three most important things in the market today are how passengers are behaving, how airlines are able to supply in terms of resources or capacity and most impo