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Bombardier sees Asia-Pacific taking delivery of 2,050 aircraft by 2036

Published 02/06/2018, 02:11 PM
Updated 02/06/2018, 02:20 PM
© Reuters. A Bombardier logo is seen at the Bombardier plant in Belfast
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(Reuters) - Asia-Pacific, excluding Greater China, is expected to take delivery of 2,050 aircraft by 2036, according to a forecast by Canadian planemaker Bombardier Inc (TO:BBDb).

"Strong GDP growth and a booming middle class should drive passenger traffic numbers to triple in the next 20 years," said Francois Cognard, vice president, sales, Asia-Pacific, at Bombardier.

As domestic connectivity in the region increases, the company sees an opportunity for 1,050 large regional aircraft of 50 to 100 seats and 1,000 small single-aisle aircraft of 100 to 150 seat.

The region will make up 16 percent of the worldwide market, which would be valued at $820 billion, Bombardier said.

© Reuters. A Bombardier logo is seen at the Bombardier plant in Belfast

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