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The Outlook For The Aviation Industry Is Beginning To Improve

The Outlook For The Aviation Industry Is Beginning To Improve

Large-scale air shows have always been the focus of aviation business activities. Not only can aircraft fans have a glimpse of new aircraft, but industry leaders can also use this to finalize new agreements. As the aviation industry gradually emerged from the haze of the new crown pneumonia (COVID-19) epidemic, Boeing Co.'s stock price also began to rise slowly. Barron`s and CNBC reported that the Dubai Airshow on Sunday (November 14) was the first major exhibition after the epidemic hit air travel. Emirates has announced that it has pre-ordered two "777 Freighter" freighters from Boeing, while Saudi Arabian Airlines is in talks with Boeing to pre-order a wide-body jet. In addition, Boeing also concluded a service partner alliance at the exhibition and finalized a sustainable development plan. Stan Deal, executive vice president of Boeing, said on the 14th that "the freighter market is very hot, and this is an area where substantial growth can be seen." Boeing has announced the addition of three 737-800BCF passenger aircraft conversion freighter production lines for North America and Europe. Deal also stated that Boeing has performed very well this year (2021), with a net order volume of about 309 aircraft and a total number of 720 aircraft. This is a good start. He said that this time the air show company is still continuing to negotiate business, predicting that it will get more orders before the end of the year, which is quite beneficial for next year's operations. In response to the progress of the epidemic, Deal said that Boeing is concerned about global vaccine coverage. He said that the vaccine coverage rate keeps pace with the recovery speed of a country's market, and it is predicted that the popularization of vaccines is expected to rejuvenate the general public's confidence in the economic recovery.
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