DUBLIN (Reuters) - Boeing ( BA ) expects to reach a balance between supply and market demand for passenger jets by the end of the decade, an executive said on Monday.

"From my perspective that's ... about a five-year impact in terms of what we need to do ... to get back to balance" from the current supply deficit, Darren Hulst, Boeing's ( BA ) vice president for commercial marketing, told the Airline Economics conference in Dublin.

(Writing by Conor Humphries; Editing by Alison Williams)