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Boeing forecasts demand for 2,370 new airplanes in Middle East over 20 years

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04-Dec-2012 Boeing has forecast that the Middle East will require 2,370 new airplanes, worth an estimated $470bn, over a 20-year period from 2012 to 2031. While 730 airplanes (31%) will replace current fleet assets, 69% of the demand is expected to be driven by the rapid growth of air travel in the region.

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