Boeing puts 200 billion price tag on Northeast Asia

Boeing puts 200 billion price tag on Northeast Asia

Single-aisled aircraft like the Dreamliner will sell well in Asia says Boeing

Boeing projects 1,250 new airplanes worth approximately US$200 billion will be delivered to airlines in Northeast Asia over the next 20 years. Air travel in the region is expected to grow moderately at 4.3% annually for two decades as liberalisation and rapid economic growth drive passenger traffic in the region.

Two-thirds of Northeast Asia’s projected 1,250 airplane deliveries will be for growth, with twin aisle and large aircraft accounting for about 45% of the region’s demand for aircraft in terms of units, and almost 70% in terms of value.

Boeing also expects single-aisle jetliners to account for 46% of new airplane deliveries to the region, as low-cost carriers providing intra- and inter-regional service expand their fleets. Taking into account airplanes set to retire, the fleet in Northeast Asia will increase from 690 airplanes today to 1,520 in 2030.

Mark Elliott
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