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Boeing sees new aircraft demand worth $550 bln in SE Asia in 20 years | Reuters

SINGAPORE Southeast Asia requires 3,750 new aircraft worth $550 billion in 20 years from 2015, a senior Boeing (BA.N) executive told a press conference ahead of the Singapore Airshow that starts on Tuesday.

Of this, 76 percent will be for single-aisle aircraft like the Boeing 737 and Airbus A320, said Dinesh Keskar, senior vice-president for Asia Pacific and India sales at Boeing.

This will be largely driven by low-cost carriers, and the growth of markets such as Indonesia, Myanmar and Vietnam, he added.

(Reporting by Siva Govindasamy; Editing by Muralikumar Anantharaman)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Published Date: Feb 16, 2016 01:15 AM | Updated Date: Feb 16, 2016 01:15 AM

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