Boeing has reduced its long-range airplane demand forecast largely because of uncertainty surrounding the ability for manufacturers to sell to Russia due to the war in Ukraine.
Signage for Boeing is seen on a trade pavilion at Farnborough International Airshow in Farnborough, Britain.
The Farnborough International Airshow, is an industry trade show for the aerospace and defense industries, where manufacturers demonstrate their aircraft in an attempt to book orders. Boeing did however increase its 10-year demand forecast slightly to 19,575 airplane deliveries, excluding the Russian market.Boeing sees strong near-term demand for aircraft despite the risk of a recession.
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