Boeing projects $450 billion demand for 2,520 new airplanes in Middle East over next 20 years

BY COURTNEY E. HOWARD

DUBAI, United Arab Emirates—Executives at The Boeing Co. Commercial Airplanes segment in Seattle forecast that Middle Eastern commercial airlines will require roughly 2,520 airplanes, with a total value of $450 billion, by 2030.

The Middle East’s passenger airplane fleet is expected to grow from a current fleet of 1,040 airplanes to a projected 2,710 aircraft, for an increase of 160 percent. Thirty-four percent of the projected demand will be for airplanes to replace current aircraft; 66 percent will be for fleet expansion, as the region’s airlines gear up for significant growth over the next two decades.

As many as 1,110 widebody jetliners such as the Boeing 777, shown above, are forecast to be sold to Middle Eastern airlines over the next two decades.
As many as 1,110 widebody jetliners such as the Boeing 777, shown above, are forecast to be sold to Middle Eastern airlines over the next two decades.

Single- and twin-aisle airplanes will account for 90 percent of the Middle East’s new airplane deliveries over the 20-year period, according to the Boeing forecast. Roughly 1,160 single-aisle jets and 1,110 twin-aisle airplanes are forecast to be delivered to the region during this time.

The remaining ten percent is split among large airplanes and will account for seven percent of projected demand, with an estimated 180 airplanes to be delivered to airlines in the Middle East. Regional jets account for the remaining three percent.

“The Middle East has seen an unprecedented growth in capacity over the past 10 years and every indication points to a further, significantly large increase over the next 20 years,” explains Randy Tinseth, Boeing Commercial Airplanes vice president of marketing, who presented Boeing’s Current Market Outlook at the 2011 Dubai Air Show last month.

“The collective capacity of three airlines—Emirates Airline, Etihad Airways, and Qatar Airways—has grown by an average of 23 percent annually over the past decade and we expect this trend to continue well into the future,” Tinseth says. “All three airlines base their growth strategies on the principle that newer, more efficient airplanes will provide a competitive advantage over their rivals from Europe and Asia.”

More Military & Aerospace Electronics Current Issue Articles
More Military & Aerospace Electronics Archives Issue Articles


Get All the Military Aerospace Electronics News Delivered to Your Inbox or Your Mailbox

Subscribe to Military Aerospace Electronics Magazine or email newsletter today at no cost and receive the latest information on:


  • C4ISR
  • Cyber Security
  • Embedded Computing
  • Unmanned Vehicles


Get All the Military Aerospace Electronics News Delivered to Your Inbox or Your Mailbox

Subscribe to Military Aerospace Electronics Magazine or email newsletter today at no cost and receive the latest information on:


  • C4ISR
  • Cyber Security
  • Embedded Computing
  • Unmanned Vehicles

Military & Aerospace Photos

Most Popular Articles

Related Products

Optical Switches

Multiport (N x M) Optical Switches from large core, multimode and Plastic Optical Fiber (POF) for...

Dual Mode NVIS 4 Inch Pod Light

Blue Wolf’s new DUAL Mode NVIS 4 inch pod lights is fully rotatable thru 320 degrees, can be fixe...

NVIS Gooseneck Map Light

NVIS MIL-STD-3009 White Gooseneck Map Light. 0 to 100% brightness control. Tactile feedback and ...

XPedite7574 | 5th Generation Intel® Core™ i7 Broadwell-H Processor-Based Conduction- or Air-Cooled 3U VPX-REDI Module

The XPedite7574 is a high-performance, 3U VPX-REDI, single board computer based on the 5th genera...

XCalibur5090 | Dual Virtex-7 Based Digital Signal Processing 6U LRM FPGA with Quad 2500 MSPS DAC and 3200 MSPS ADC

The XCalibur5090 is a high-performance, reconfigurable, conduction-cooled 6U LRM module based on ...

NVIS White Post Light Cap Insert

Blue Wolf’s MIL-STD-3009 Post Light cap inserts are specifically designed for illuminating instru...

NVIS White Utility Light

Blue Wolf’s NVIS MIL-STD-3009 Utility Lights is specifically designed for easy handling and spot ...

Round Dome Light - NVIS

Blue Wolf’s NVIS MIL-STD-3009 Dome light is designed for cabin illumination or cargo areas. It ha...

XCalibur1645 | Freescale Eight-Core P4080 Processor-Based Conduction-Cooled 6U VPX Module

The XCalibur1645 is a high-performance, 6U VPX, single board computer supporting Freescale QorIQ ...

TELESIS® LASER MARKING MACHINES

Telesis offers a broad range of laser marking solutions. By working with all major laser marking ...

Related Companies

Fibersense & Signals Inc

Develops and manufactures fiberoptic, optoelectronic, photonic and laser-related products for aerospace command and c...

TEN TECH LLC

Is a mechanical engineering consulting company headquartered in Los Angeles, CA with operations in Billerica, MA, pro...

Blue Wolf

Blue Wolf has been designing Night Vision (NVIS) LED lighting products for Government and Commercial vehicles since 2...

LiquidCool Solutions

LiquidCool Solutions is a technology development firm with patents surrounding cooling electronics by total immersion...

Curtiss-Wright Defense Solutions

About Curtiss-Wright Defense Solutions Curtiss-Wright Defense Solutions (CWDS) is a long established techno...

MiltechUK

Mil Spec EMC/NEMP/ filters and EMC product solutions for military applications.

Telesis Technologies Inc

Specializes in product identification and processing technologies. Provides a range of permanent and programmable DPS...

ISVI Corp

ISVI designs, produces and sells machine-vision camera systems combining high-speed and high-resolution sensors with ...

Southwest Antennas

Southwest Antennas designs and manufactures high-performance RF & Microwave antennas and accessories designed for tod...

Premier Polymers

Provides seamless epoxy flooring and industrial resinous coatings

Webcasts

Harsh Environment Protection for Advanced Electronics and Components

This webinar will offer an opportunity to learn more about ultra-thin Parylene conformal coatings – how they are applied, applications they protect today, and the properties and benefits they offer, includin...

New Design Tools That Help You Develop Radar That Sees the Un-seeable and Detects the Undetectable

Xilinx EW/ISR System Architect, Luke Miller, has new tricks and he’s going to tell you all about them in a new Xilinx Webinar—for free. His Webinar will cover new ways to implement Radar functions including ...
Sponsored by:

Press Releases

CURTISS-WRIGHT AWARDED CONTRACT BY SIERRA NEVADA CORPORATION

Curtiss-Wright Corporation today announced that its Defense Solutions division has received a contract from Sierra Nevada Corporation (SNC) to supply its small form factor ...

Innovative Integration Announces the FMC-Servo

Camarillo, CA June 19, 2015, Innovative Integration, a trusted supplier of signal processing and data acquisition hardware and software solutions, today announced the FMC-S...

METADATA SUPPORT ENHANCES INDUSTRY-LEADING HD VIDEO MANAGEMENT SYSTEM FROM CURTISS-WRIGHT

Curtiss-Wright Corporation today announced that its Defense Solutions division has further enhanced its innovative VRD1 high definition (HD) video management system (VMS) w...

All Access Sponsors


Mil & Aero Magazine

August 2015
Volume 26, Issue 8
file

Download Our Apps



iPhone

iPad

Android

Follow Us On...



Newsletters

Military & Aerospace Electronics

Weekly newsletter covering technical content, breaking news and product information
SUBSCRIBE

Cyber Security

Monthly newsletter covering cyber warfare, cyber security, information warfare, and information security technologies, products, contracts, and procurement opportunities
SUBSCRIBE

Defense Executive

Monthly newsletter covering business news and strategic insights for executive managers
SUBSCRIBE

Electronic Warfare

Quarterly newsletter covering technologies and applications in electronic warfare, cyber warfare, optical warfare, and spectrum warfare.
SUBSCRIBE

Embedded Computing Report

Monthly newsletter covering news on embedded computing in aerospace, defense and industrial-rugged applications
SUBSCRIBE

Unmanned Vehicles

Monthly newsletter covering news updates for designers of unmanned vehicles
SUBSCRIBE