Low-Cost Carriers Drive Growth in Southeast Asian Aviation
Southeast Asia is likely to need more jetliners the size of Boeing’s 737 and Airbus’s 320 over the next two decades.
That jet size could dominate the region’s orders for new civil jet aircraft from 2014-33 due to the proliferation of low-cost carriers (LCCs) and intra-regional travel, as those aircraft types serve that type of travel.
The region is expected to need 2,160 jets, each seating around 160 and with a flying range of up to four hours. They would be valued at US$210 billion, said Patty Rhodes, regional director for product marketing at Boeing Commercial Airplanes.
Single-aisle jets represent 70% of all projected aircraft sales in the region, numbering 3,080 over the period and accounting for 46% of sales value at $450 billion.