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Boeing updates Asia-Pacific regional forecast

written by australianaviation.com.au | February 10, 2014
Boeing forecasts 12,820 new airlines will be required in the Asia-Pacific region by 2034. (Seth Jaworski)
Boeing forecasts 12,820 new airlines will be required in the Asia-Pacific region by 2034. (Seth Jaworski)

Boeing has forecast that 12,820 new airliners valued at US$1.9tr (A$2.1tr) will be required in the Asia-Pacific region over the next two decades as strong economic and passenger growth drives demand.

The forecast shows that 36 per cent of the world’s new airliner deliveries will be in the region in that period, and 69 per cent of that number will be comprised of single-aisle airliners such as the 737 and A320 families and the smaller Bombardier CSeries and Embraer E-Jet.

“Asia Pacific economies and passenger traffic continue to exhibit strong growth,” Boeing’s vice president of Marketing, Randy Tinseth said at a Singapore Airshow briefing on February 10. “Over the next 20 years, nearly half of the world’s air traffic growth will be driven by travel to, from, or within the region. The Asia-Pacific fleet will nearly triple, from 5,090 airplanes in 2012 to 14,750 airplanes in 2032, to support the increased demand.”

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Boeing updates Asia-Pacific regional forecast

written by australianaviation.com.au | February 10, 2014
Boeing forecasts 12,820 new airlines will be required in the Asia-Pacific region by 2034. (Seth Jaworski)
Boeing forecasts 12,820 new airlines will be required in the Asia-Pacific region by 2034. (Seth Jaworski)

Boeing has forecast that 12,820 new airliners valued at US$1.9tr (A$2.1tr) will be required in the Asia-Pacific region over the next two decades as strong economic and passenger growth drives demand.

The forecast shows that 36 per cent of the world’s new airliner deliveries will be in the region in that period, and 69 per cent of that number will be comprised of single-aisle airliners such as the 737 and A320 families and the smaller Bombardier CSeries and Embraer E-Jet.

“Asia Pacific economies and passenger traffic continue to exhibit strong growth,” Boeing’s vice president of Marketing, Randy Tinseth said at a Singapore Airshow briefing on February 10. “Over the next 20 years, nearly half of the world’s air traffic growth will be driven by travel to, from, or within the region. The Asia-Pacific fleet will nearly triple, from 5,090 airplanes in 2012 to 14,750 airplanes in 2032, to support the increased demand.”

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25% off starts now! Australian Aviation magazine Cyber Monday sale is now live. Have the very best of Australian Aviation’s annual print and digital subscription. This includes every In Focus and Behind the Lens digital magazine, special coverage, exclusive photos and editions you may have miss. Subscribe now at australianaviation.com.au.

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Your email address will not be published. Required fields are marked *

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