The Boeing Co. (NYSE: BA) on Tuesday marginally downgraded its 20-year outlook for air cargo because of an uncertain economic recovery from the coronavirus crisis and adjustments to its model, but the aerospace giant still projects the global freighter fleet will expand 60% to support projected growth in international trade and the explosion in e-commerce shipments.
Cargo traffic, led by East Asia, is expected to average 4% annual growth through 2039, spurring deliveries of 2,430 all-cargo...
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