Boeing Forecasts $1.5 Trillion for Commercial Airplanes and Services in Southeast Asia Over the Next 20 Years

4,500 new airplanes needed in Southeast Asia valued at $710 billion at list prices

Demand grown for aftermarket commercial services worth $785 billion

SINGAPORE, February 12, 2020 – Boeing [NYSE: BA] forecasts airlines in Southeast Asia will need 4,500 new airplanes over the next 20 years, valued at $710 billion at list prices. Single-aisle airplanes continue to be the main driver of capacity growth in Southeast Asia.  This growth helps to stimulate the demand for commercial aviation services, which are forecasted to be worth $785 billion between 2019 and 2038.