Money

Boeing forecasts aircraft demand despite aviation slump

Published

4 years ago

September 15, 2021

U.S plane manufacturer Boeing expects that it will take another two and a half years for global aviation to return to normal

“The industry recovers to 2019 levels of traffic by the end of 2023, early 2024″ and domestic flying would be at the forefront of any recovery.”
Its vice president of commercial marketing, Darren Hulst, said.

Boeing revised up long-term demand forecasts on Tuesday and says long-haul international routes would take the longest to recover.

Boeing says these will need to be eased to enable the recovery from the worst year on record for the aviation sector.

Boeing says that the strength of the global economy is key to getting over this dire slump.

The US aircraft maker has increased its forecast of how many new planes the world will want over the next 20 years.

It says over 40 thousand new commercial aircrafts will be needed by 2040, which will have a combined value of $7.2 trillion.

A growing share of these will go to the Middle East and Asia, as China looks set to replace the United States as the world’s biggest aviation market.

Climate change takes flight

Another big change for the 20 year period of the forecast is the global challenge of climate change.

At the moment air travel accounts for about 2 per cent of global greenhouse emissions.

Mr Hulst says as an industry “we’ve seen that progress over the last 30 years has been dramatic… and as we get into the medium and long term sustainable aviation fuels become a critical part of our sustainability goals.”

What’s keeping flights grounded?

Australian Airports Association has warned that Foreign airlines are at risk of exiting the Australian market unless the federal government provides clarity on the reopening of international borders

AAA Chief Executive James Goodwin Says Australia’s reopening lags behind the rest of the world.

European Union introduced a vaccine passport to make it easier for people to travel across borders within the bloc

Just yesterday. Australia took a major step towards vaccine passports for international travel too, awarding a contract to international IT company Accenture for new digital passenger declarations.

Aviation industry is relying on this and other government actions to get passengers back in the sky and more aircrafts manufactured

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Money

Australia’s inflation hits 3.8%: Budget decisions under pressure

Australia’s inflation hits 3.8%, raising concerns for households; Dr. Enticott discusses implications for everyday Australians and economic planning.

Published

1 day ago

February 3, 2026

Harvey Vargas

Australia’s inflation hits 3.8%, raising concerns for households; Dr. Enticott discusses implications for everyday Australians and economic planning.

Australia’s inflation has surged to 3.8%, sparking concern for households and businesses. Experts warn that rising prices could threaten financial stability if the government does not act in the upcoming budget.

Dr Steven Enticott from CIA Tax joins Ticker to break down what this inflation spike means for everyday Australians. He also explains why inflation above the Reserve Bank’s target band is particularly significant and how it affects economic planning.

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#AustraliaInflation #EconomicUpdate #Budget2026 #RBA #FinancialNews #BusinessImpact #HouseholdCosts #TickerNews

Money

Wall Street gains momentum amid tech and earnings surge

U.S. stocks rose Monday, driven by Oracle gains, as investors overlooked recent silver and bitcoin losses ahead of earnings week.

Published

1 day ago

February 3, 2026

Harvey Vargas

U.S. stocks rose Monday, driven by Oracle gains, as investors overlooked recent silver and bitcoin losses ahead of earnings week.

U.S. equities climbed on Monday as Wall Street kicked off a new month of trading. Investors looked past recent losses in silver and bitcoin, with optimism returning to major indices. The S&P 500 rose 0.7%, led by gains in Oracle shares following the company’s announcement to raise up to £50 billion for cloud capacity.

The Dow Jones Industrial Average surged 501 points, while the Nasdaq Composite increased 0.9%. Analysts note that the broader market is showing resilience despite mixed signals from tech and commodities.

More than 100 S&P 500 companies are expected to report earnings this week. Strong growth is predicted, even as some high-profile sell-offs continue to make headlines.

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Money

U.S. dollar weakens while Australian dollar rises amid global market shifts

Published

5 days ago

January 30, 2026

Harvey Vargas

US dollar weakens as Trump comments; Australian dollar gains from commodity prices and RBA rate hike expectations

The US dollar is coming under pressure as the economy remains strong and President Trump comments on its decline. We explore how this is impacting major currencies around the world and what it means for investors.

Meanwhile, the Australian dollar is benefiting from rising commodity prices and growing expectations of an RBA rate hike. Global investors are increasingly drawn to Australia’s bond market as economic conditions shift.

Currency trading strategies are adapting to this changing landscape, with potential implications for interest rates and international markets. Steve Gopalan from SkandaFX breaks down the trends.

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#USDDollar #AustralianDollar #ForexTrading #RBA #InterestRates #GlobalEconomy #CurrencyMarket #Ticker