Airlines need 33,500 new planes by 2030: Boeing

Singapore: Global airlines will need 33,500 new planes valued at $4.0 trillion by 2030, with Asia accounting for about 35 percent of the total, US aircraft maker Boeing said on Monday.
Asia-Pacific carriers will require 11,450 new aircraft, worth $1.5 trillion, during the same period, Boeing's vice president for commercial planes Randy Tinseth said at a news conference on the eve of the Singapore Airshow.
"This is the largest market in the world for single-aisle airplanes... for twin-aisle airplanes... for big airplanes. Any way you look at it, this is a big, big market, and this is a growth market," he said.
Tinseth, updating earlier Boeing estimates, said the biggest demand in the region will be for single-aisle aircraft that normally seat between 90 and 200 passengers -- the models most sought after in the budget-airline market.
Of the 33,500 new planes needed globally, about 60 percent will be required by airlines for fleet expansion, with the remainder to replacing ageing stocks.
In the Asia-Pacific region, 80.0 percent will be for fleet growth.
13/02/12 AFP/Economic Times

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Categories: Indian Aviation- In General Feb 2012