Boeing expects oil to stabilize at $70-$80 per barrel (in 2008 dollars) over the next 20 years, VP-Marketing Randy Tinseth told media in Sydney, adding that the company's forecasts have proven to be "quite accurate" this decade. The manufacturer projects that by 2027 the global passenger and freighter fleet will comprise 2,630 regional jets (7%), 23,540 single-aisle aircraft (66%), 8,290 twin-aisle aircraft (23%) and 1,340 jumbo aircraft (4%). Total value is estimated to be $3.2 ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.