Tuesday, July 12, 2016

Planemakers shrug off economy clouds

Airbus and Boeing have raised their long-term forecasts for new aircraft demand, betting that rising wealth in Asia would continue to boost air travel and offset any short-term hits to the global economy. As Ivor Bennett reports, the world's two biggest planemakers also announced a flurry of multi-billion dollar jet deals at the biennial Farnborough Airshow in England.

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