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According to the forecast of the American airline Boeing, the world fleet of civilian aircraft in the next 20 years will have to be updated to 44.04 thousand aircraft in the amount of 6.8 trillion dollars, and it will require 9.1 trillion dollars for service. Thus, this segment of aviation is estimated by Boeing experts at 16 trillion dollars by the end of 2038. During this period, the global civilian aircraft fleet will expand to 50.66 thousand units. According to Boeing, the demand for narrow-body aircraft will increase to 32.42 thousand units over the next twenty years, which in monetary terms will amount to 3.78 trillion dollars. During this period, 8.34 thousand new wide-body aircraft worth more than $2.65 trillion will be required. 2.24 thousand new regional aircraft worth $105 billion will also be in demand. The increase in the fleet will require the expansion of the flight and technical staff, which is approximately 2.5 million new specialists.
Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite upbeat U.S. tech gains and signs of rebound ...
Apple, Google, Amazon, and Facebook’s chief executive officers faced Republican and Democratic U.S. lawmakers on Wednesday for the much-anticipated congressional hearing. The CEOs were questioned for alleged abuse of their market power ...
The U.S. Federal Reserve eased another $2 million in emergency loans this week to help struggling U.S. businesses amid the recession. The Fed’s overall asset portfolio reported growth for the second week, holding above $7 trillion. The ...
The second quarter likely saw South Korea’s economy hitting its sharpest downturn in over two decades, a Reuters survey showed on Tuesday. This was mainly from the pandemic dragging the labor market, consumer spending, and global export ...
The euro steadied at four-month highs on the dollar after investors pinned hopes on the EU economic rescue fund as European leaders are expected to break a deadlock and agree on a deal. EU leaders had differing stands on the proposed 750 billion ...
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