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19-Sep-2024 5:35 AM

Boeing: Southeast Asia Air Traffic to More Than Triple through 2043

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Boeing [NYSE: BA] forecasts Southeast Asia passenger air traffic to more than triple over the next 20 years, driven by above global average economic growth and a rising middle class. The region's airplane fleet is also projected to more than triple to 4,960 jets to meet the rising air travel demand, according to Boeing's 2024 Commercial Market Outlook (CMO), the company's long-term demand forecast for commercial airplanes and services.

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This press release was sourced from Boeing on 18-Sep-2024.