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
Current Market Outlook
Boeing: China to lead in new aircraft deliveries
Boeing projects a demand in China for 6,020 new aircrafts over the next 20 years, valued at US$870 billion. The company released its annual China Current Market Outlook (CMO) in Beijing which shows Chinese carriers will take delivery of nearly 45 per cent of the total demand for airplanes in the Asia-Pacific region during the forecast period. “China’s aviation market is going through dynamic changes,” said Randy Tinseth, Boeing Commercial Airplanes vice president of … [Read more...] about Boeing: China to lead in new aircraft deliveries
