Boeing on Tuesday said that strong economic and passenger growth will be drive the demand for an additional 12,820 airplanes valued at $1.9 trillion in the Asia Pacific region, representing 36 per cent of the world's new airplane deliveries over the next 20 years.
“Asia Pacific economies and passenger traffic continue to exhibit strong growth. 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,” Boeing commercial airplanes Marketing vice-president Randy Tinseth has stated according to an official release in New Delhi.
Boeing's data projects that passenger airlines in the region will rely primarily on single-aisle airplanes such as the Next-Generation 737 and the 737 MAX, a new-engine variant of the market-leading 737, to connect passengers. Single-aisle airplanes will represent 69 per cent of the new airplanes in the region. “New low-cost carriers and demand for intra-Asia travel have fueled the substantial increase in single-aisle airplanes. Fuel-efficient airplanes like the Next-Generation 737 and 737 MAX help the growing number of low-cost carriers operate more efficiently and provide affordable fares to the emerging middle class,” he remarked.
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For long-haul traffic, Boeing forecasts twin-aisle airplanes such as the 747-8 Intercontinental, 777 and the 787 Dreamliner will account for 28 per cent of new airplane deliveries.