Boeing sees a $2.1 trillion market for new commercial airplanes during the next 20 years. Market demands will more than double the world's commercial airplane fleet by 2024 and accommodate a forecasted 4.8% annual increase in passenger traffic growth.

The company released its 2005 Current Market Outlook today in London. The report is considered the most comprehensive and well-respected analysis of the commercial aviation market.

"The long-term demand for new airplanes is going to remain very strong over the next 20 years," said Boeing Commercial Airplanes Vice President of Marketing Randy Baseler.

"People will continue to desire traveling where they want to go, when they want to go. And that's reflected in the number and types of airplanes we see in our forecast."

In terms of delivery dollars, the largest market is projected to be the Asia-Pacific region, with 36% of the $2.1 trillion total.

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