Boeing predicts spending spree
United States
Plane manufacturer Boeing is predicting airlines will double their fleets over the coming years.
Plane maker Boeing says airlines in Oceania will spend well over $120 billion over the next 20 years.
The company's current forecasts predicts airlines such as Air New Zealand, Qantas and Virgin Blue will more than double their fleet from about 420 planes.
It's picking the bulk of purchases will be for single-aisle, fuel-efficient planes.
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