The aeronautic manufacturer predicts a big growth in Asia-Pacific region in the next 20 years
Bombardier Commercial Aircraft’s 2017-2036 Market Forecast, covering the 60- to 150-seat segment, shows that the Asia-Pacific region, which Bombardier defines as Asia without Greater China, is forecasted to undergo impressive growth over the next 20 years.
This region is expected to take delivery of 2,050 aircraft, or 16 per cent of a worldwide market for 12,550 aircraft valued at $820 billion U.S. Asia-Pacific deliveries should consist of 1,050 large regional aircraft (50 to 100 seats) and 1,000 small single-aisle aircraft (100 to 150 seat).
“Asia-Pacific region is the home of the fastest growing economies. 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, Bombardier Commercial Aircraft. “Bombardier aims to build upon its strong foundation in Asia-Pacific. Due to the demand for more frequencies and more city pairs to increase connectivity between smaller communities, there is a great opportunity to continue to support the expected growth with high-performing regional and small single-aisle aircraft.”
The drive for domestic and regional connectivity means that the fastest traffic growth in the region would be seen from small and medium sized cities with challenging airports. This is creating an increased number of point-to-point routes where the traffic is insufficient to allow economical operation of a larger single aisle aircraft. Thus, the increasing demand for high-performing regional and small single-aisle aircraft.
In the region, over 60% of all routes flown today have demand for less than 150 passengers per day. The forecast says that by 2036, intra-regional traffic will account for 80 per cent of all Asia-Pacific demand, with the majority of passengers taking short haul flights of under 500 nautical miles (925 km).
Original Source: Bombardier