Mideast requires close to 3000 airplanes valued at $765bn by 2041: Boeing

RIYADH: The Middle East region is expected to require 2,980 new airplanes valued at $765 billion to meet the growing demand from passengers and trade by 2041, estimates American airplane manufacturing giant Boeing. 

In a report titled “Boeing Commercial Market Outlook,” it said that the passenger traffic in the region is expected to grow at an annual rate of 4 percent through 2041.