São Paulo – Boeing forecasts that Middle Eastern airlines will need to buy 2,610 aircraft in the next 20 years. The combined value of these orders should amount to US$ 550 billion by 2032, according to estimates released by the United States-based aircraft manufacturing company this Thursday (14th) in Dubai, United Arab Emirates.
According to Boeing’s forecasts, taken from the Current Market Outlook report (CMO), most orders will be for long-distance, two-aisle aircraft, i.e. those capable of intercontinental flights with large numbers of passengers, such as the Boeing 777, which can carry up to 386 people in three classes, and the 787, with a capacity for up to 250 people. Other models also fit the profile.
According to Marketing vice president Randy Tinseth, international aircraft and passenger flows is on the rise, and the Middle East is growing faster than the rest of the world.
“The Gulf region benefits from a unique geographic position that enables one-stop connectivity between Europe, Africa, Asia and Australasia. Additionally, over the last decade, we’ve seen a rise in low-cost carriers that have benefitted from a large youthful population, large migrant workforce and trends toward market liberalization,” said Tinseth.
Boeing believes over half of Boeing’s new aircraft in the region will be of the two-aisle type, whereas in the rest of the world, approximately 24% of deliveries will consist of units with this configuration. Smaller aircraft, such as the Boeing 737, should account for 47% of deliveries by 2032 and large aircraft, such as the Boeing 747, should account for 10% of sales in the Middle East.
According to the forecasts, of the 2,610 aircraft the Middle East is expected to purchase in the coming 20 years, 900 will be used in replacing part of the current fleet, and most will be added to airlines’ existing fleets. The US-based aircraft maker estimates that by 2032, 35,280 new aircraft will be ordered worldwide, at a combined value of US$ 4.8 trillion.
*Translated by Gabriel Pomerancblum