Manufacturing: “Boeing lifts China jet demand estimate over two decades to $1.47 trln” [Reuters].
“Chinese airlines will need 8,700 new airplanes through 2040, 1.2%
higher than its previous prediction of 8,600 planes made last year.
Those would be worth $1.47 trillion based on list prices, the U.S.
planemaker said in a statement."
Nakedcaptalism commet
First, I think Mother Nature may have
something to say about aircraft travel projections.
Second, the
assumption is that former national champion Boeing can take advantage of
the demand. That in turn assumes they get their manufacturing, software
engineering, and development programs back on track. None of that is a
lock, especially given Boeing’s
finance-oriented board,
pencil-necked,
union-hating management,
and justifiably disgruntled workforce.
Third,
at some point China’s going to have climbed the learning curve on
aircraft manufacturing and started coming down the other side. By 2040? I
would say obviously.
Finally, geopolitics. Get it together, Boeing!
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