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Boeing chief upbeat despite tough market

Upside seen in Asia-Pacific, defence line-up and next-gen aircraft

Keeping busy: Boeing has a current commercial backlog of 5,237 aircraft worth US$377 billion. It expects to deliver up to 725 planes this year. Net orders for the year as at Aug 12 stood at 833 aircraft. Its rival Airbus had net orders of 705 planes as at end July. - PHOTO: REUTERS

[SINGAPORE] Planemaker Boeing continues to see a strong market, one underpinned by robust replacement demand and traffic growth, despite a recent spate of order cancellations in the aviation industry and a challenging operating environment for airlines. Its chief operating officer Dennis