Boeing Commercial Airplanes VP Randy Tinseth, on his Randy's Journal blog, stated (08-Oct-2013) Latin America is a "booming region", adding: "São Paulo, Santiago, Bogotá and Mexico City—all exciting cities with populations fuelling an aviation growth spurt." He noted, "We expect Latin America to grow at one of the fastest rates in the entire world— with the airline fleet in the region tripling in size over the next 20 years. That’s a whopping 2900 new airplanes valued at $300 billion. The overwhelming majority of those new airplanes coming into the Latin American fleet will be single-aisle. Our airline customers in the region have already placed 120 orders for the 737 MAX—and we’re working hard to make sure many more orders come in. Our forecast also shows that Latin America will need 270 smaller widebody airplanes— a demand the 787 family is well positioned to meet. The 787 is already in service with Aeromexico and LAN. Soon, Avianca will receive its first Dreamliner." During a visit to the region, Mr Tinseth noted: "Across the board, everyone is excited about the growth on the way for this region—both economically and in air travel. They were also genuinely excited about the new products we’ll be bringing to the market over the next several years, from the 737 MAX, to the new members of the 787 family, to the 777X."
Latin America is a 'booming region': Boeing
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Global commercial aircraft deliveries fell in 2016 as Boeing again outsold Airbus; 2017 to be a peak
The global commercial aircraft fleet grew by 4% in 2016 and the year ended with an order backlog of more than nine years of production. Among the regions, North America still has the biggest and oldest fleet, but the lowest ratio of orders to aircraft in service. By contrast, Middle East has the fewest in service, but the highest ratio of orders to current fleet numbers.
This report gives an overview of the number of commercial aircraft deliveries in 2016 and the outlook into 2017 and beyond. It also looks at numbers in service and on order by region. It is based on preliminary numbers from the CAPA Fleet Database and guidance on 2016 deliveries from Airbus and Boeing, who have yet to announce final numbers.
The data indicate that total worldwide deliveries fell in 2016, the first such decline for six years, as a result of delays to new aircraft programmes. Boeing delivered more aircraft than Airbus for the fifth straight year, but its deliveries fell short of its 2015 level, while Airbus increased its numbers year-on-year. Total deliveries will likely rise again in 2017, but this may prove to be a peak year.
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CAPA’s 2016 outlook was against a background of unusually high levels of profitability for airlines.