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Boeing Forecasts $550 Billion Market in Middle East for New Airplanes
Boeing forecasts that airlines in the Middle East will require 2,610 new airplanes over the next 20 years, worth an estimated $550 billion. While one-third of that demand - 900 airplanes - will replace today's fleets, 66 percent of the demand is expected to be driven by the rapid fleet expansion in the region.
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