Aircraft
Boeing Boosts Outlook on Indian Growth, ASEAN Open Skies
Raises 20-year forecast for India to 1,740 airplanes
An Air India Boeing 787-8 approaches Osaka Kansai International Airport. (Photo: Flickr: Creative Commons (BY) by lasta29)
An Air India Boeing 787-8 approaches Osaka Kansai International Airport. (Photo: Flickr: Creative Commons (BY) by lasta29)

Moves toward Open Skies within the ASEAN (Association of South East Asian Nations) region and galloping growth of Indian air transport amount to perhaps the most influential factors in Boeing’s ever more bullish projections for both markets in its 20-year Current Market Outlook (CMO) for 2015 to 2034. In its most recent forecast, Boeing has raised its 20-year projection for India from 1,600 to 1,740 airplanes worth $240 billion. Meanwhile, Boeing expects the Asia-Pacific region to account for 40 percent share of the world’s market, or 14,330 airplanes worth $2.2 trillion.  


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