With air travel expected to grow about 2.5 times in the next two decades, aircraft manufacturers have the opportunity to grow along with it. Boeing and United Technologies both depend on aerospace for a sizable chunk of their success, and both are now gearing up with products that would allow them to benefit from an increase in the number of miles flown by the public.
2 Aerospace Stocks Flying Friendlier Skies
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How Boeing and United Technologies could benefit from potential increase in air traffic over the next two decades.
With air travel expected to grow about 2.5 times in the next two decades, aircraft manufacturers have the opportunity to grow along with it. Boeing and United Technologies both depend on aerospace for a sizable chunk of their success, and both are now gearing up with products that would allow them to benefit from an increase in the number of miles flown by the public.
Mark Morelli owns shares of United Technologies. The Motley Fool has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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