MarketWatch reports, “China will more than double its commercial airplane fleet by 2043, says Boeing, thanks to the expansion of the aviation industry to meet growing passenger travel and cargo demand. The U.S. plane maker said Tuesday in its annual 20-year forecast that China will need 8,830 new commercial airplanes through 2043, up from its 8,560…”
Full Story (MarketWatch)
Tag: Boosts
Blue Origin, SpaceX Competition Boosts Supply Chain Companies’ Bottom Lines
Bloomberg reports that as private space firms “like Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin step up rocket production and development and more nations race to the moon, mid-size manufacturers that provide their equipment and supplies are reaping the benefits.” Companies including “satellite builder MDA Ltd, heat-transfer manufacturer Graham Corp, and aluminum maker Constellium SE all saw share gains of two-thirds or more in 2023, driven in part by the billions of dollars in private and government funding for space exploration and the creation of large-scale satellite networks.”
Full Story (Bloomberg – Subscription Publication)