Boeing sees need for 4,210 new planes in Southeast Asia

Corporate September 22, 2017 18:55

By The Nation

Boeing projects a demand for 4,210 new airplanes, valued at $650 billion (Bt21.5 trillion), over the next 20 years in Southeast Asia.

The company presented its Southeast Asia Current Market Outlook (CMO) on Friday during a briefing at Boeing's regional headquarters in Singapore. The annual report forecasts the region would continue its strong annual traffic growth at 6.2 per cent, outpacing the world’s average growth rate by 1.5 per cent.

“Southeast Asia continues to be one of fastest growing markets in the world – and a key focus area for Boeing – as the region accounts for more than 10 per cent of the total global demand,” said Dinesh Keskar, senior vice president of Asia Pacific and India Sales, Boeing Commercial Airplanes.

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