Boeing projects a demand for 3,750 new aircraft, valued at US$550 billion, over the next 20 years in Southeast Asia which comprises nine per cent of the total worldwide demand for 38,050 new aircraft over the period. The company presented its Southeast Asia Current Market Outlook (CMO) in Singapore, ahead of the biennial Singapore Airshow, forecasting the region will continue its strong annual traffic growth at 6.5 per cent. “Southeast Asia continues to be an important market for Boeing and … [Read more...] about Boeing sees demand for 3,750 aircraft in SE Asia over next 20 years
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Air China finalises order for six B777-300ERs
Air China has placed an order for six additional B777-300ER aircraft valued at more than US$2 billion at current list prices and bolsters Air China’s long-haul widebody fleet as it looks to expand its international network. China’s flag carrier continues to modernize its long-haul fleet to replace aging aircraft and plans to expand its growing network internationally. Air China currently operates a fleet 174 Boeing aircraft, including nearly all current Boeing production models, including the … [Read more...] about Air China finalises order for six B777-300ERs
Record commercial aircraft deliveries in 2015 for Boeing
Boeing delivered 762 commercial aircraft in 2015, 39 more than the previous year and most ever for the company as it enters its centennial year. In 2015, Boeing recorded 768 net orders, valued at US$112.4 billion at current list prices. At year end, Boeing held 5,795 unfilled orders from customers worldwide. "The Boeing team has worked hard to achieve strong performance," said Boeing commercial airplanes president and CEO Ray Conner. "We had a solid year of orders in 2015, maintaining a … [Read more...] about Record commercial aircraft deliveries in 2015 for Boeing
China Postal signs for 10 Next-Gen B737 BCFs
China Postal Airlines has placed an order with Boeing for 10 Next-Generation 737 Boeing Converted Freighters (BCFs) and joins China’s Hangzhou-based YTO Airlines (which ordered 15 of the aircraft) as a launch customer for the BCF programme which has yet to be formally launched. China Postal also purchased seven B757-200s that the airline plans to convert into freighters, making this the largest purchase order in the airline's history. "This is a historic order both for China Postal and … [Read more...] about China Postal signs for 10 Next-Gen B737 BCFs
Boeing completes detailed B787-10 design
Boeing has completed detailed design for the 787-10 Dreamliner, achieving another major milestone in the development of the newest and longest member of the B787 family. The completion of the detailed design is critical to every development programme because it means the information needed to build parts and tools for assembly has been completed and released for fabrication or procurement. Major assembly of the B787-10 will begin in 2016, followed by first flight in 2017 and first delivery in … [Read more...] about Boeing completes detailed B787-10 design
Middle East forecast to need 3,180 new aircraft over next 20 years
Boeing forecasts airlines in the Middle East will require 3,180 new aircraft over the next 20 years, valued at an estimated US$730 billion, with 70 per cent of the demand expected to be driven by rapid fleet expansion in the region. According to the Boeing Current Market Outlook (CMO), single-aisle aircraft such as the B737 MAX will command the largest share of new deliveries, with airlines in the region needing approximately 1,410 aircraft. Wide-body aircraft will account for a little … [Read more...] about Middle East forecast to need 3,180 new aircraft over next 20 years