According to the aircraft maker, demand for domestic air travel is leading the recovery with intra-regional markets expected to follow as health and travel restrictions ease. This will be followed by long-haul travel’s return by 2023 to 2024.
Boeing said the availability and distribution of vaccines will continue to be "critical factors" in the near-term recovery of passenger air travel.
Stan Deal, president and chief of Boeing Commercial Airplanes, said the aerospace industry has made "important progress" in the recovery and Boeing’s 2021 forecast "reflects our confidence in the resilience of the market".
