Last September when AirBus (OTCPK:EADSF) estimated in their Global Market Forecast that 28,200 new aircraft with an estimated market value of $4 trillion would be delivered over the next 20 years, you knew the airline business was back on its feet. This was confirmed again in July when Boeing (NYSE:BA) released their Current Market Outlook for the next 20 years, the numbers were slightly higher estimating 34,000 new airplanes with a $4.5 trillion market value. Regardless of who is correct in their assumptions, the underlying tone is extremely optimistic over the next few decades for the airline industry.
With enormous backlog for both Boeing and Airbus, we are likely to see strong profits from these companies...
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