50 SKY SHADES - World aviation news

Demand for LCC services could drive the local aviation market, says Boeing

Download: Printable PDF Date: 25 Oct 2015 05:15 category:
Demand for LCC services could drive the local aviation market, says Boeing - Manufacturer publisher
Tatjana Obrazcova
Country: Taiwan Aircraft: Airplanes
Source: China Post

Increasing demand for no-frills air services in Taiwan, among other Northeast Asian countries, could become a major driver of growth in the region's aviation market, a Boeing executive said Friday.

Randy Tinseth, vice president of marketing for Boeing Commercial Airplanes, said market performance of the company's single-aisle aircraft — the majority of its airplane deliveries over the next 20 years — could benefit from such a trend.

The aircraft comprises one of the U.S. aviation giant's most famous series, the Boeing 737 family, Tinseth said.

The market perspectives also look promising, he went on, adding that even though Northeast Asia was initially slow to adopt the low-cost carrier (LCC) model, the segment could play an increasingly significant role in the future.

"Liberation of the market with open sky policies and the anticipation of increased cross-Taiwan Strait traffic means there is lots of potential in the Taiwanese market," he said at a market outlook briefing in Taipei.

In addition, Boeing forecast that the Northeast Asia region will need 1,450 new commercial airplanes, valued at over US$310 billion, between 2015 and 2034.

During that period, air traffic in the region is expected to grow at an annual rate of 2.6 percent, Tinseth said.

Loading comments for Demand for LCC services could drive the local aviation market, says Boeing...


First two H145s delivered to the Ecuadorian Air Force

Airbus Helicopters has delivered two H145s to the Ecuadorian Air Force, the first military customer in South America for this multi-purpose twin-engine helicopter. A total of six H145s will...

High maintenance season: Two Head of State aircraft and several awarded projects for AMAC Aerospace

AMAC Aerospace announced that two Head of State aircraft has been arrived in October in Basel, Switzerland. Furthermore, AMAC has been selected to carry out maintenance checks on several Airbus,...

World First Flying Car Hits The Road

Have you ever seen a flying car passing you on the highway? Now this is a real possibility! The PAL-V Liberty has been approved for road usage and can now be spotted on the European roads. With this a...

First install at new Tamarack European Installation Center

Tamarack Aerospace announced the first series of Active Winglet installations on three Cessna Citation Jets at the new Tamarack European Installation Centre based at the London-Oxford Airport, Un...