Aircraft Industry and Boeing performance

As the economy of the country gets better, people starts traveling around the globe as tourist or for business etc. The recent statistics show that the air traffic is increasing with each year passing that is why the demand for the aircraft is also increasing consistently. As a rough estimation by economists, the number of airplanes that will be need is around 35,000 by the end of 2032. And the total worth of 35k airplanes will be around $4.84 trillion. Boeing is currently having a huge potential of growth in upcoming years, as the demand for its aircrafts are increasing with each day passing by. The BA stock price on the other hand is going to be influenced positively in upcoming years. The analysts suggest the investors to invest in BA stock because its price will surge in near future as the company’s aircrafts demand is increasing on large basis.

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