Number of Passenger Airplanes Expected to Double in 20 Years

Demand for new airplanes around the world will continue to soar as millions of people in developing nations take to the skies for the first time
Number of Passenger Airplanes Expected to Double in 20 Years
In this Oct. 30, 2014 photo, passengers line up to pass through security before boarding flights at John F. Kennedy International Airport in New York. AP Photo/Mark Lennihan
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NEW YORK—Demand for new airplanes around the world will continue to soar as millions of people in developing nations take to the skies for the first time.

In the next 20 years, global airlines will need 38,050 new airplanes jet manufacturer Boeing said in its annual market forecast. That’s up 3.5 percent from last year’s projection.