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Boeing to overtake Airbus in sales, says CEO

Jim McNerney, the chief executive of Boeing has said the plane maker will outsell rival Airbus for "a number of years" having been the second-largest to the pan-European giant for nearly a decade, The Independent has reported. "I think we will, in all likelihood, pull slightly ahead of them [Airbus], either this year or next... But, you know, over the years we've been ahead sometimes; they've been ahead recently. And I think there's a good chance that we will pull ahead for a number of years," McNerney said. However, he conceded that Boeing and Airbus's duopoly in the $100bn-a-year aircraft market could be broken by the Chinese as soon as 2017.