Boeing chief upbeat despite tough market
Upside seen in Asia-Pacific, defence line-up and next-gen aircraft
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Nisha Ramchandani
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[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 Muilenburg said: "We actually see cancellations and deferrals well below historic levels right now across our Boeing portfolio."
Cancellations for the world's biggest plane-maker have hovered in the range of 3 to 5 per cent a year.
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