Boeing Raises Airliner Demand Forecast by $500 Billion

US aircraft maker Boeing raised on Tuesday its 20-year forecast for global demand for airliners by $500 billion (396 billion euros).
Boeing said it now saw the global market doubling to 34,000 airliners worth $4,500 billion, from 33,500 aircraft worth $4,000 billion which it had forecast last year.
The global civil aviation market had held up even during the tough years and this had driven up the rate at which airliners were produced, the vice president for marketing in Boeing's commercial aviation division, Randy Tinseth, said in a statement.