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Boeing forecasts aircraft demand despite aviation slump

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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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Big banks, inflation, and earnings: What to watch this week

Major banks and corporations report earnings this week, influencing market outlook and economic indicators ahead of 2026.

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Major banks and corporations report earnings this week, influencing market outlook and economic indicators ahead of 2026.


This week is packed with financial news as major banks and corporations release their earnings. JPMorgan, Wells Fargo, and Goldman Sachs will reveal their year-end results, offering insight into the health of the banking sector. CEO Jamie Dimon of JPMorgan has already highlighted uncertainty in the U.S. economy, making investors watch closely.

In addition to banking, Delta Air Lines and Taiwan Semiconductor will report, shedding light on consumer spending and tech industry trends. These corporate updates will help investors gauge the broader market performance heading into 2026.

All eyes are also on December’s inflation figures, alongside retail sales and new home sales data. These reports will be key indicators for the U.S. economy, impacting stocks, interest rates, and market sentiment.

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Boeing hits seven-year high in plane deliveries as demand soars

Boeing’s aircraft deliveries hit a seven-year high, bolstered by demand and new orders, including Alaska Airlines’ purchase of 105 jets.

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Boeing’s aircraft deliveries hit a seven-year high, bolstered by demand and new orders, including Alaska Airlines’ purchase of 105 jets.


Boeing has reached its highest level of airplane deliveries in seven years, marking a strong recovery after a challenging period for the aerospace giant. The company is ramping up production of its 737 Max and 787 Dreamliners to meet growing demand from airlines worldwide.

Investors are optimistic as Boeing shares have climbed significantly over the past year, reflecting renewed confidence in the company’s long-term prospects. Airlines are responding with new orders, and Boeing has already secured 1,000 gross orders through November.

Alaska Airlines recently placed an order for 105 Boeing 737 Max 10 jets, further signalling industry faith in the manufacturer. Robust travel demand continues to drive growth for Boeing and its competitor, Airbus, highlighting a rebound in global air travel.

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Wall Street hits record highs as markets shrug off Venezuela tensions

US markets hit record highs as investors shrug off geopolitical tensions, with the S&P 500 up 0.7% and Dow 1%.

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US markets hit record highs as investors shrug off geopolitical tensions, with the S&P 500 up 0.7% and Dow 1%.


US markets surged to fresh records as investors looked past recent geopolitical tensions following the US attack on Venezuela. Confidence returned quickly, driving broad gains across major indices.

The S&P 500 climbed 0.7% to reach a new all-time intraday high, while the Dow Jones Industrial Average jumped 495 points, or 1%, also setting a record during Tuesday’s session.

The rally signals continued optimism around economic resilience, despite global uncertainty and ongoing international conflicts.

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