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Boeing: Airlines Need $4 trillion worth of New Aircraft by 2030

Saturday , Posted by AME at 6:29 AM

Boeing: $4 Trillion in New Aircraft Needed

Airlines will need $4 trillion worth of new planes to meet a pickup in passenger numbers, particularly in the Asia-Pacific region.

Airlines will need 33,500 new jets from now through 2030, Boeing said in a statement.

The largest market will be for single-aisle jets seating between 90 and 240 passengers, with most the growth in the booming Asia Pacific region.

The planemaker says it raised its forecast after passenger air traffic rose 8 percent in 2010, after declining about 2 percent in 2009 when much of the world was experiencing a deep recession.

Boeing announced that it will ramp up production of the next-generation B737, its most popular jet.

Boeing is the biggest maker of commercial planes is a $32 billion business with 65,000 employees worldwide after Airbus, based on 2010 deliveries. Airbus delivered 510 commercial planes last year, compared with 462 for Boeing.

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