Moscow (SPX) Oct 18, 2010
Boeing forecasts that air carriers in Russia and Commonwealth of Independent States (CIS) will take delivery of about 960 new airplanes over the next 20 years at an investment of $90 billion.
New airplane deliveries in the region will be driven largely by the need to retire older, less fuel-efficient single-aisle airplanes and regional jets, as airlines replace them with new-generation, more fuel-efficient models.
"Demand for airplanes also will be fueled by an increase in the number of people flying to, from and within Russia and CIS," said Randy Tinseth, vice president of Marketing, Boeing Commercial Airplanes, who released Boeing's 2010 CIS market outlook in Moscow. "We expect passenger traffic for the region to grow at a rate of 4.8 percent on average."
Tinseth said the growing tendency of both business and personal travelers to traverse Russia and CIS will create strong demand for rapid, frequent and reliable coast-to-coast and interregional transportation. Driven by this demand, almost 60 percent of the new deliveries over the next 20 years will be single-aisle airplanes.
Taking retirements of old airplanes into account, the CIS fleet will grow from 1,150 airplanes today to about 1,300 airplanes by 2029.
Boeing forecasts that single-aisle airplanes will grow from 54 percent of the total CIS fleet today to 63 percent of the fleet by 2029. Airlines are increasingly focusing on airplane age as fuel-thirsty, older airplanes weigh increasingly on earnings. Increased attention to aviation's impact on global climate change also will be a factor in selecting airplanes that produce lower carbon emissions.
Newer airplane types such as the Next-Generation 737 offer significant advantages in environmental performance as well as improved capabilities, fuel efficiency and maintenance costs.
Twin-aisle fleets will evolve in the region as airlines continue to expand international point-to-point services to a wider range of airport pairs and frequencies. Small- and mid-sized twin-aisle airplanes will grow to represent 17 percent of the CIS fleet by 2029.
Within the CIS market, Boeing sees a demand for 160 new, efficient twin-aisle airplanes such as the 787 Dreamliner. Twin-aisles will account for 17 percent of total airplane demand in the region over 20 years.
Large airplanes (747-size and larger) will not see significant demand in CIS, accounting for only three percent of all deliveries over the next 20 years. Approximately 30 large airplanes, all freighters, are projected for CIS through 2020.
Boeing also forecasts demand for 200 regional jets in the CIS - more than 10 percent of the projected world demand. This category will account for 21 percent of the total deliveries of new aircraft. These aircraft will be used to accommodate traffic growth to smaller secondary markets within the region and to replace older aircraft.
Share This Article With Planet Earth
CIS market at Boeing
Aerospace News at SpaceMart.com
War games pits Eurofighter against Su-30
London (UPI) Oct 13, 2010
Britain's Royal Air Force is sending its best pilots and a squadron of its latest Eurofighter Typhoon jets into war games in India, shortly before the emerging economy decides whether to buy the Eurofighter or one of four rival planes. The 17-day aerial war games, due to start next week in West Bengal, pit the Eurofighter jets against Sukhoi Su-30 multi-role combat jets of the Indian ai ... read more
Polymer Behaviors Below The 1 Nanometer Level|
Historic computer replica proposed
India seeks 'cool jacket' design to help hot labourers
Tablet computer sales to hit 208 million in 2014
Indian army in communication system tender
Military Terrestrial Satcom Market To Grow Slightly
MEADS Demonstrates Interoperability With NATO
Space security surveillance gets new boost
Ariane Moves Into Final Phase Of Globalstar Soyuz 2 Launch Campaign
Arianespace Hosts Meeting Of Launch System Manufacturers
Political Obstacles For Sea Launch Overcome
ILS Proton Launch To Launch AsiaSat 7 In 2011
NKorea Jamming Device A New Security Threat
KORE Telematics Introduces Location-Based Service Offering
Trimble Releases Next Gen Of TerraSync GPS Data Collection Software
EU's Galileo satnav system over budget, late: report
Boeing Projects 90 Billion Dollar Commercial Airplanes Market In Russia And CIS
War games pits Eurofighter against Su-30
Goal set for capping emissions from international aviation
Israel buys F-35 jets with eyes on Iran
Intel posts three billion dollar quarterly net profit
Motorola sues Apple for patent infringement
Intel to spend 2.7 billion dollars on Israel plant upgrade
Optical Chip Enables New Approach To Quantum Computing
NASA Partnership Sends Earth Science Data To Africa
SMOS Water Mission Winning Battle With Interference
NASA Loosens GRIP On Atlantic Hurricane Season
'A-Train' Satellites Search For 770 Million Tons Of Dust In The Air
Hungary to maintain state of emergency after toxic spill
Hungarian cabinet members visit toxic spill site
EU awaits Hungary clean-up before reviewing toxic waste laws
Hungary nationalises toxic sludge company
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement|