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Boeing plots Asia-Pacific recovery needing 17,645 jets over 20 years

US aerospace giant Boeing is maintaining the faith when it comes to the Asia-Pacific with an estimate the region will need 17,645 new aircraft over the next two decades with a  market value of US$3.1 trillion.

This is slightly higher than the company’s 2019 forecast that the Asia-Pacific would need 17,000 planes over 20 years.

Add to this an aftermarket services market worth $US3.7 trillion and the new forecast predicts Asia-Pacific’s total aviation market value over the two decades will be $US6.8 trillion as it grows to account for almost half of global traffic by 2040.

READ: US officials attack Chinese government read more ⇒

Source:: AirlineRatings.Com

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