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Northeast Asia sees surging demand in airplane replacement: Boeing

2018/11/03 12:50

Randy Tinseth, vice president of Marketing for Boeing Commercial Airplanes

Taipei, Nov. 3 (CNA) Over two-thirds of all new airplane deliveries in Northeast Asia will be to replace older and less-efficient airplanes currently in service due to the maturity of the market in the region, particularly in Taiwan, a senior Boeing executive said last week in Taipei.

In the next 20 years, 69 percent of all new deliveries in Northeast Asia will be used for airplane replacement, said Randy Tinseth, vice president of Marketing for Boeing Commercial Airplanes.

"We have already seen this trend take place here in Taiwan with both China Airlines and EVA Air replacing older airplanes with new 777s and 787s," Tinseth said, adding that Northeast Asia will need 1,450 new airplanes valued at US$310 billion.

Tinseth said the market presence of the Boeing 787 Dreamliner family is also on the rise, adding that the model is most desired in Northeast Asia, which comprise some 16 percent of the world's demand for that type of passenger aircraft.

Last week, EVA Air unveiled the country's first Boeing 787-9 Dreamliner passenger aircraft. The airline has ordered a total of 24 Boeing 787s, consisting of four 787-9s and 20 787-10s, and all of the aircraft are expected to be delivered by 2022.

In addition, Air New Zealand, which resumed direct flights between Taoyuan and Aukland this week, uses Boeing 787-9s, while Singapore Airlines has also announced that it will use Boeing 787-10s to fly between Singapore and Taiwan starting 2019.

(By Lee Hsin-Yin)Enditem/cs