Boeing said orders for smaller planes will soar worldwide in the next 20 years, driven by the needs of budget airlines in emerging markets like Southeast Asia (Photo: AFP/VNA)Hanoi (VNA) – Orders for smaller planes willsoar worldwide in the next 20 years, driven by the needs of budgetairlines in emerging markets like Southeast Asia, according to aircraftmanufacturer Boeing.
Nearly three-fourths of the 41,030 newcommercial planes worth 6.1 trillion USD are expected to be delivered inthe period.
Southeast Asia is one of the world'sfastest-growing regions for budget air travel, with an expanding middle class driving atravel boom.
Boeing said it has raised its forecast for thenumber of new aircraft to be delivered in Southeast Asia in the next twodecades to 4,210, up 460 from last year's prediction.
Passenger traffic growth in most of the regionis in double digits, especially in Malaysia, Vietnam, Thailand and Indonesia,according to Dinesh Keskar, Boeing's senior vice presidentfor Asia-Pacific and India sales.
He said 39 percent of all new planes in the nexttwo decades will be destined for Asia, trailed by 21 percent for NorthAmerica and 19 percent for Europe.
He added the company remains optimistic despiteconcerns about overcapacity as Southeast Asian governments build newairports and improve existing ones.-VNA
VNA
