Boeing boosted up its own shares

The American Aerospace Corporation Boeing predicted the acceleration of demand for passenger aircraft. In this way, the company has made its own shares more expensive. After the publication of the forecast on demand quotes Boeing rose by 2.5%.
Representatives of Boeing said that in the next two decades, aggregate demand would not be 43 thousand aircraft, as the company had forecast a year ago, but 44 thousand airliners. Their total value will reach $6.8 trillion, they are convinced of the American company.
According to Boeing, the most significant growth will be observed in the segment of narrow-body aircraft, such as the Airbus A320 family and the Boeing 737 MAX. This market supports the continued growth of air travel in the Asia-Pacific region. The demand for such aircraft will increase by 3%, calculated in the company.
In the wide-body segment in the next 20 years, 8340 new aircraft will be needed, not 8070, as was predicted a year ago. Their cost will reach $ 2.6 trillion. The demand for wide-bodied civilian aircraft is due to the need for airlines to update their fleet and the increasing demand for long-haul flights, the Boeing forecast said.
Experts expect Boeing shares to rise in price during the year by 19.2%, to $420.33 per share. This forecast is given despite the fact that many countries have abandoned the use of the Boeing 737MAX model after two air crashes involving these aircraft.

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