Twenty-Year Outlook Projects 4,210 New Airplanes Needed, Valued At $650 Billion
Boeing has released its Southeast Asia Current Market Outlook (CMO) which projects a demand for 4,210 new airplanes, valued at $650 billion, over the next 20 years in the region during a briefing at Boeing's regional headquarters in Singapore. The annual report forecasts the region will continue its strong annual traffic growth at 6.2 percent, outpacing the world's average growth rate by 1.5 percent.