Middle East plane demand forecast cut in tough market:
Boeing has cut its two-decade forecast for plane deliveries to the Middle East, as Gulf carriers face turbulent times amid a wider backdrop of regional strife.
The world’s biggest plane maker on Tuesday said it expects 2,990 aircraft deliveries to the Middle East over the next two decades, with a total market value of $660 billion.
That is lower than last year, when Boeing forecast that there would be 3,350 aircraft deliveries between 2017 and 2036, with a market value of $730 billion.
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