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Boeing raises prospects for airplane demand while Airbus introduces a new model



Boeing CEO Dennis Muylenburg made a presentation at the Annual Shareholders' Meeting on April 29, 2019 in Chicago, Illinois. Swimming pool | Boeing, in the midst of defending its 737 Max aircraft, says world demand for new aircraft is stronger than previously thought.

The aviation giant released its long-term prospects in the industry's international aviation show in Paris on Monday, raising its global forecast for the commercial aviation industry over the next two decades. $ 6.8 trillion aircraft by 2038, which is 3% more than $ 6.49 trillion last year.

"We are seeing continued growth," Boeing's chairman and CEO, Denis Müllenberg, told CNBC. The first XLR customer is Air Lease Corp, which leverages hundreds of airline companies worldwide.

"We are receiving extremely strong interest from many of our global customers," said Airplane Executive Director John Plouger. Air Lease has ordered 27 aircraft Airbus A321

XLR

CNBC Meghan Reeder contributed to this report
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