The steep rise in fuel prices confronting the commercial aviation industry will drive demand for new aircraft, according to Boeing, which said yesterday that it forecasts a $3.2 trillion market over the next two decades "driven by an increasing demand for airplanes to replace older, less efficient aircraft." It predicted a need for 29,400 new passenger and freighter aircraft by 2027, up 2.8% from the 28,600 two-decade forecast released last year (ATWOnline, June 14, 2007). It said regional ...

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