Â© Reuters. FILE PHOTO: The Boeing logo is displayed on a screen at the New York Stock Exchange (NYSE) in New York, United States, August 7, 2019. REUTERS / Brendan McDermid
LONDON (Reuters) – Boeing’s (NYSE 🙂 vice president of commercial marketing predicted on Monday that European passenger traffic would increase 3.1% per year over the next 20 years, and said demand for planes in the region would continue to increase as recovery from COVID-19 progresses.
Darren Hulst, vice president of commercial marketing at US aircraft manufacturer Boeing, said that in the short term 700 planes are expected to be replaced in Europe due to the aging fleet in the region.
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