Boeing Raises Jet Demand Forecast on Pandemic Recovery

Boeing Raises Jet Demand Forecast on Pandemic Recovery
A Boeing 737 MAX airplane lands after a test flight at Boeing Field in Seattle, Washington on June 29, 2020. Karen Ducey/Reuters
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Boeing revised up long-term demand forecasts on Tuesday, as a snapback in commercial air travel in domestic markets like the United States tempers the more gloomy industry predictions seen at the height of coronavirus lockdowns last year.

The rosier view underpins moves by the aerospace giant to prepare for growth in travel demand and military services, even as its own ability to respond to the brighter outlook remains hampered by industrial delays and the lingering 737 MAX crisis.