Boeing executive sees supply-demand balance by end of decade
FILE PHOTO: The Boeing logo is seen on the side of a Boeing 737 MAX at the Farnborough International Airshow, in Farnborough, Britain, July 20, 2022. REUTERS/Peter Cziborra/File Photo
DUBLIN (Reuters) - Boeing expects to reach a balance between supply and market demand for passenger jets by the end of the decade, an executive said on Monday.
"From my perspective that's ... about a five-year impact in terms of what we need to do ... to get back to balance" from the current supply deficit, Darren Hulst, Boeing's vice president for commercial marketing, told the Airline Economics conference in Dublin.
(Writing by Conor Humphries; Editing by Alison Williams)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Boeing jet deliveries drop 17% in July
- Argus Upgrades Boeing (BA) to Buy, 'we think it has superior long-term prospects'
- Archer to acquire three Boeing subsidiaries in aerospace deal
Create E-mail Alert Related Categories
General News, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share