Shandong Airlines of China says it has signed an agreement with Boeing on Monday April 21 to purchase 50 Boeing 737 planes - AFP Photo.
BENGALURU: Boeing Co said it sees demand for new airplanes worth US$650bil in Southeast Asia over the next two decades.
The world's biggest plane maker projected a demand for 4,210 new airplanes in the region over the next 20 years, adding it saw annual traffic growth in Southeast Asia at 6.2%.
Single-aisle airplanes, like the 737 MAX, would account for more than 70 percent of new deliveries, Boeing said in a statement on Thursday.
The low-cost business model would further continue to be a driver of traffic growth in Southeast Asia, it noted. The company sees worldwide demand at 41,030 new airplanes over the next two decades. - Reuters
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