Boeing: Southeast Asia fleet to nearly quadruple over next 20 years

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Boeing states that the commercial aircraft fleet ofSouth East Asia will almost quadruple to more than 4,000 aircraft by 2042, becoming one of the world leaders in air traffic and fleet growth.

While low-cost airlines (LCC) become the dominant business model and expand their networks across the vast region, Southeast Asia will be the market for single-aisle aircraft who will know the fastest growing in the world over the 20-year forecast period. These projections are included in Boeing’s Commercial Market Outlook (CMO) for 2023, the long-term annual forecast of demand for commercial aircraft and related services.

“As the Southeast Asian market reopens, air traffic will increase significantly,” said Dave Schulte, Boeing’s general manager of commercial marketing for Asia-Pacific. “Expanded connectivity, tourism and low fares will continue to drive new travel, particularly in a growing middle-class market across the region. The role of low-cost airlines will continue to grow to meet this demand for air transport. »

LCCs in Southeast Asia will add more than 2,000 new single-aisle aircraft over the next 20 years, accounting for nearly two-thirds of the region’s 3,390 overall single-aisle deliveries planned. THE LCC will transport 56% of passenger traffic in 2042compared to 22% in 2012.

The Southeast Asia CMO 2023 also includes these projections by 2042:

– 83% of deliveries in the region will support fleet growth, while 17% will replace older aircraft with more fuel-efficient models.

-The wide-body fleet will increase threefold, with demand for nearly 800 aircraft, including passenger jets such as the 787 Dreamliner, 777X and Boeing freighter models.

– Fleet growth will drive $310 billion in demand for aviation services, including maintenance, repair, training and spare parts.

Ultimately, projections of aircraft to be delivered by 2043 reach 4,225 examples distributed as follows: 45 regional jets, 3,390 single-aisle jets, 770 wide-body jets and 20 cargo jets.

John Walker Avatar