Meaning of “long-range” in the English Dictionary

"long-range" in Business English

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long-rangeadjective [ before noun ]

uk /ˌlɒŋˈreɪndʒ/ us

continuing into, or thinking and deciding about, the future:

long-range forecasts/planning/goals Revenue projections are based on long-range forecasts.
long-range advantages/benefits/effects Corporations of all sizes are seeing the long-range advantages of integrating their tax filing.

TRANSPORT travelling over a long distance:

The long-range jets are capable of flying for about 14 hours non-stop.

(Definition of “long-range” from the Cambridge Business English Dictionary © Cambridge University Press)