Boeing has raised its 20-year forecast for new jetliner deliveries by 3%, predicting a need for 43,975 new airplanes by 2043, the company said in a statement.
The revision comes as passenger demand, airline competition, and the replacement of older planes drive growth despite ongoing supply chain challenges.
"This is a challenging and inspiring era for aviation. The return to more typical traffic growth shows how resilient our industry is, even as we all work through ongoing supply chain and production constraints amid other global challenges," said Brad McMullen, Boeing senior vice president of Commercial Sales and Marketing.