Market demand for air carriers in North America over the next 20 years will reach up to $760bn, said Boeing.

The North America fleet is expected to grow from 6,610 aircraft to about 9,330 aircraft by 2030, taking retirements into consideration.

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As per the Boeing forecast, the North American market consists of the US and Canada and demand in these regions will focus primarily on single-aisle jetliners.

Boeing expects that single-aisle aircraft will grow to 73% of the total North America fleet by 2030.

According to Boeing, air carriers in North America are expected to take delivery of 7,530 new aircraft over the next 20 years.

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