AIRSHOW-Boeing sees passenger jet demand pick up in 2012

Sun Nov 15, 2009 11:17am GMT
[-] Text [+]

* Boeing sees passengers orders coming back in 2013/14

* Boeing reconfirms maiden flight of 787 by year-end

* Plane maker to deliver about 480 aircraft in 2009 (Adds more details, quotes)

By Tim Hepher and Martina Fuchs

DUBAI, Nov 15 (Reuters) - Boeing (BA.N: Quote, Profile, Research) sees signs of recovery in the freighter market but plane makers face two more lean years before passenger jet demand picks up in 2012, a top executive said on Sunday.

"Our view is that we are already starting to see some improvement in terms of the freighter market," Boeing Commercial Airplanes Chief Executive Jim Albaugh told Reuters Television in an interview at the Dubai airshow.

"Our sense is that 2012 will start the uptick again (in passenger jet demand) and we should start seeing more orders coming back in 2013 and 2014."

Albaugh said a rebound in passenger jet demand would be softened to some extent by the return of airplanes that have been parked in the desert during the recent downturn.

"There will be new airplanes as well as airplanes that are coming back into the industry," he said.  Continued...

 
BA.N
Last:
Change:
Up/Down:
 
by Name by Symbol