Tokyo (dpa) - Boeing Co said Wednesday that it predicted 1,360 new aircraft worth 280 billion dollars would be needed for the North-East Asian market over the next two decades.
Half of the total demand will be for the Japanese market, 40 per cent for South Korea, and the remaining 10 per cent for Taiwan, Randy Tinseth, vice president for the US carrier's marketing, said in Tokyo.
This month, Japan Airlines Co (JAL) said it had decided to purchase 31 next-generation jets from Airbus SAS, the Japanese carrier's first ever order from Airbus.
The European jet manufacturer's A350 aircraft will replace JAL's Boeing 777 planes.
Boeing was "disappointed we lost that competition," Tinseth was quoted by the Kyodo News agency as saying.