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Boeing says strong passenger growth will be one
of the main drivers of new airplane demand in the Asia Pacific
region.
Boeing estimates the region’s airlines
will need an additional 11,450 airplanes valued at $1.5 trillion
over the next 20 years.
“Asia Pacific is such a strong and dynamic
market,” said Randy Tinseth, vice president of Marketing for
Boeing Commercial Airplanes during a media briefing before the
opening of the Singapore Airshow. “In 2012 we’ll continue to see
resilient passenger traffic growth levels above the forecasted
world average.”
As a result of the strong demand for air
travel over the next 20 years, Tinseth said nearly 80% of
Asia Pacific’s new airplanes will be for growth as opposed to
replacement.
Boeing’s data projects that passenger
airlines 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.
“We’re making
solid progress on the 737 MAX,” Tinseth told reporters. “We’ll
start wind tunnel testing next week, which is a major design
milestone, and sales momentum continues with more than 1,000
orders and commitments from 15 customers.”
For long-haul
traffic, Boeing forecasts twin-aisle airplanes such as the 777,
which had a record year of orders in 2011, and the
787 Dreamliner
will account for 26% of new airplane deliveries.
In the cargo market, Boeing sees a need for 970
new production freighters around the world during the next 20
years.
Boeing Commercial Airplanes regional director of Cargo
Marketing Jim Edgar said the long term prospects for air cargo
remain solid despite flat 2011 results.
“We expect positive
air cargo traffic growth to return in the latter half of 2012,
leading into an average annual growth rate of 5.6% over the
20-year forecast period,” said Edgar. “Our forecast bodes well for
the Asia Pacific region, which will continue to be a leader as
economic growth drives a tripling of traffic and a near doubling
of the world freighter fleet over the next two decades.”
Singapore Airshow 2012
See also:
HD Videos from Singapore Airshow 2010 and
HD Videos from Asian Aerospace 2011.
ASIA Travel Tips.com will also have full
coverage from the Singapore Airshow 2012 including exclusive
interviews and videos from the static and flyover displays.
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