Boeing has forecast the Middle East region will need 2,520 aircraft worth $450 billion by 2030, as the region’s carriers continue to surpass global air traffic and capacity growth rates. In its latest Current Market Outlook presented at the Dubai Airshow, Boeing estimates the Middle East's fleet of passenger aircraft will grow from 1,040 to 2,710, an increase of 160%. The manufacturer said that 34% of the projected demand will be for replacement while 66% ...

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