Boeing Is Bullish on Future of Airline Business

David Wilson discusses Boeing's optimistic $9 trillion market projection for aerospace and defense over the next decade, up from previous estimates. The recovery of global markets, especially domestic and regional air travel, is expected to drive demand for more planes. Boeing projects $3.2 trillion in spending on 19,000 jets over the next 10 years, with long-haul flights returning to pre-pandemic levels by 2024. Despite past challenges, including the 737 Max crashes, Boeing remains optimistic about future growth, which is crucial for stockholder confidence.

What is the projected value of the aerospace and defense market for Boeing over the next decade?

• $7 trillion

• $10 trillion

• $9 trillion

• $8 trillion

By what year does Boeing expect long-haul flights to return to pre-pandemic levels?

• 2023

• 2025

• 2024

• 2022

How many jets does Boeing project to spend on over the next decade?

• 25,000 jets

• 19,000 jets

• 15,000 jets

• 30,000 jets

What is Boeing's long-term projection for the number of planes over the next 20 years?

• 43,000 planes

• 40,000 planes

• 35,000 planes

• 30,000 planes

What major event has affected Boeing's stock recovery?

• Oil price fluctuations

• 737 Max crashes

• Global recession

• Pandemic lockdowns