Asian airlines to order 3,000 planes in 20 years: Boeing

Airlines in South and Southeast Asia are expected to order more than 3,000 planes worth 103 billion dollars in the next 20 years, with India, Indonesia and Malaysia as key growth drivers, Boeing said yesterday.
Dinesh Keskar, Boeing senior vice president for sales, said 1,940 planes are forecast to be delivered in Southeast Asia and 1,067 in Southwest Asia, a large chunk of them to the booming Indian market.
Fleet revitalisation would drive orders for both regions as airlines move to meet an explosion in demand, he said on the sidelines of the Singapore Airshow.
Most of the orders are single-aisle aircraft preferred by low-cost carriers, which have mushroomed in both regions and is revolutionising air travel.
India will power the boom in airplane orders in Southwest Asia following the deregulation of the aviation industry, leading people who normally took the train to now afford travelling by air, he said. Of the 1,067 forecast deliveries to South Asia, 85 percent will go to India, while Pakistan will account for eight percent, he said.
21/02/08 Macau Daily Times, Macau

To Read the News in full at Source, Click the Headline

Categories: Foreign Feb 2008, Indian Aviation- In General Feb 2008, Singapore Airshow 2008