Boeing increased its annual forecast for new aircraft sales in the world

During the next 20 years this forecast of analysts from the company's global placement of 38,050 new aircraft worth USD 5,6 trillion. This estimate is higher than Boeing's forecast of 2014 by 3.5%. The analysis forecasts the growth of passenger air transportations with 4.9% per year and cargo by 4.7% in the long term. Boeing identified the needs for new airplanes, analyzing the upward trend of airlines and betting statistical average needs to replace existing aircraft of about 2-3%.

US expected a top for the past seven years growth of air transportations. Association of American airlines put forward as reasons than economic growth, increased employment and more affordable airline tickets. Low fuel prices are also an important impetus for the rise of the American tourist market. To meet the growing demand in US airlines constantly are increasing places.

Boeing's market analysis segmented long-term demand for new airplanes, setting as user number 1 market in Asia (including China) with estimated demand of about 14 300. Estimates for Europe and North America are approximately equal  7800 and 7 300. For the Russian market Boeing provides no more than 1150 units.

BA (NYSE) "The Boeing Company" in sales for the last five years has made steady growth, as well as EPS = 31,60%.

52wk Range is in range of USD 116.32 - 158.83, the maximum was achieved on 20 February this year, with a subsequent decline to 140.10 in the last week. The last four months observing and shaping of support line at around USD 140. Probably decline to continue in. However, in Long term period, perspectives are positive for the company.

Jr. Trader G.Hristov