Boeing at Morgan Stanley Conference Notes

Dennis Muilenburg – Chairman, President and CEO

7.7% passenger traffic growth year to date

“We see about $7.5 trillion marketplace over the next 10 years, recently updated our current market outlook so expect the world to need about 41,000 new commercial airplanes over the next 20 years that’s incrementally up from last year’s estimate. Traffic patterns around the world continue to be very strong, we’re running about 7.7% passenger traffic growth year-to-date. We expect nominally 6% to 7% rate over the next several years and over the 20 year timeframe we’ve assumed a 4.7% growth rate behind those 41,000 new airplanes.”