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FINANCIAL NEWS
ME carriers need USD550 b in next 20 years
27 Sep 2013
(MENAFN) Forecasts released by Boeing show that Middle East airlines are expected to spend USD550 billion on purchasing new planes in the next two decades, Arabian Business reported.
Boeing said that airlines in the Middle East will need 2,610 new jets to meet the increasing number of passengers.
The aircraft manufacturer said that, between 2011 and 2012, orders by Middle East carriers for US planes were worth USD6.4 billion.
Boeing said that carriers worldwide are expected to spend USD4.8 trillion on commercial planes in the next two decades.
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24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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