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Airlines need 33,500 new planes by 2030: Boeing

13 february 2012, 18:41
All Nippon Airways (ANA) President Shinichiro Ito speaks behind a model of a Boeing 787. ©REUTERS/Yuriko Nakao
All Nippon Airways (ANA) President Shinichiro Ito speaks behind a model of a Boeing 787. ©REUTERS/Yuriko Nakao
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, AFP reports citing US aircraft maker Boeing.

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.

To meet demand, Tinseth said Boeing will ramp up production of models including the next-generation single-aisle 737 MAX, which will undergo the final phase of wind-tunnel testing next week.

Boeing is also considering rolling out a bigger version of its mid-size 787 Dreamliner to be called the 787-10X that can seat up to 320 passengers, or 40 more than the 787-9 model.

Mark Jenks, vice president of development of the 787 programme, said on Sunday that Boeing aims to ramp up production of the long-delayed Dreamliner to 10 planes a month by the end of 2013, up from the current two or three.

Boeing and its European rival Airbus have a major presence at the biennial Singapore Airshow, which runs from February 14-19.

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