"The world's top planemakers issued bullish forecasts for demand from the Middle
East on Monday, underlining the region's importance to the industry a day after
Boeing (BA.N)
unveiled a blockbuster deal to sell 50 of its 777 jetliners to host airline
Emirates.
The U.S. company predicted that airlines in the Middle East would need 2,520 airplanes worth $450 billion by 2030, while its European rival Airbus (EAD.PA) said it saw demand for 1,920 aircraft worth $347 billion in the same period.
"We believe that our customers will have the ability to weather the storm in Europe and the Middle East is booming," Habib Fekih, president of Airbus Middle East, told Reuters."
The U.S. company predicted that airlines in the Middle East would need 2,520 airplanes worth $450 billion by 2030, while its European rival Airbus (EAD.PA) said it saw demand for 1,920 aircraft worth $347 billion in the same period.
"We believe that our customers will have the ability to weather the storm in Europe and the Middle East is booming," Habib Fekih, president of Airbus Middle East, told Reuters."