Boeing Expects Aircraft Deliveries to India to Total 2,100 Over 20 Years
Those aircraft shipments are expected to be worth about $290 billion.
Boeing Co. (BA) - Get Boeing Company Report shares were rising premarket after the aircraft manufacturer said that it expects deliveries to India to total 2,100 new aircraft over the next 20 years at a value of $290 billion.
The company said that it was its highest forecast ever for the country which boasts Asia's third largest economy.
Boeing said that it expects passenger growth of about 8% in South Asia over the next 20 years, nearly double the 4.7% growth expectations for the rest of the world.
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Boeing shares were up 0.82% to $243.25 in premarket trading Monday.
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