Boeing aircraft demand forecast up 4.2%

Boeing's aircraft demand projection is up 4.2 per cent from last year, with the aviation giant expecting deals worth $US5.2 trillion over 20 years.

Aviation giant Boeing has raised its forecast for global aircraft demand, saying it expected 36,770 planes to be delivered over the next two decades in deals worth $US5.2 trillion ($A5.6 trillion).

The forecast is up 4.2 per cent from Boeing's projection last year, with about a third of the total demand to come from the Asia-Pacific region.

The maker of the best-selling 737 jetliner said single-aisle planes underpin the higher forecast.

"Based on the overwhelming amount of orders and deliveries, we see the heart of the single-aisle market in the 160-seat range," said Randy Tinseth, vice president for marketing at Boeing Commercial Airplanes.

"There's no question the market is converging to this size, where network flexibility and cost efficiency meet."

Deliveries for single-aisle aircraft - which include the new 737-800 and 737 MAX 8 - are expected to reach $US2.56 trillion.

In the twin-aisle segment, including the 787-8 and 787-9 Dreamliner range, the company expects deliveries to reach 8600 new aeroplanes.

"This year's forecast reflects a continued shift in demand from very large aeroplanes to efficient new twin-engine products such as the 787-10 and new 777X," Boeing said.

The forecast was published ahead of next week's Farnborough airshow in England, where Boeing and European rival Airbus go head-to-head in the fight for new plane orders.


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