Airlines based in the Middle East will need 3,180 new commercial aircraft over the next 20 years, according to Boeing’s latest Current Market Outlook report. Total market value of the new aircraft is estimated at $730 billion. “Traffic growth in the Middle East … is expected to grow 6.2% annually during the next 20 years,” Boeing Commercial Airplanes VP-marketing Randy Tinseth said. Boeing’s Current Market Outlook (CMO) expects 1,410 single-aisle aircraft, ...

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