Boeing lifts industry demand forecast as air show deals roll on

Boeing (BA.N) raised its rolling 20-year industry forecast for passenger and cargo aircraft on Tuesday, as a steady flow of deals on day two of the Farnborough Airshow underscored the industry’s resilience to rising global trade tensions. The world’s biggest planemaker predicted 42,700 industry deliveries over the next two decades, up three percent from its estimate of 41,030 a year ago. The U.S. group and European rival Airbus (AIR.PA) continued to rack up deals at the air show in southern England after a brisk opening day on Monday. …read more

Source:: Yahoo Finance

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