{
    "success": true,
    "data": {
        "id": 1548068,
        "msgid": "asia-pacific-will-be-strongest-market-airbus-1447893297",
        "date": "1997-04-16 00:00:00",
        "title": "Asia-Pacific will be strongest market: Airbus",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Asia-Pacific will be strongest market: Airbus JAKARTA (JP): The Asia-Pacific will have the world's fastest growing airline industry with the next twenty years, according to a report by European aircraft maker Airbus Industrie. The company said world demand for new planes over the next 20 years would reach 13,500 planes worth US$1.1 trillion. The Asia-Pacific will account for 34 percent of all new business in dollar terms, Airbus said.",
        "content": "<p>Asia-Pacific will be strongest market: Airbus<\/p>\n<p>JAKARTA (JP): The Asia-Pacific will have the world's fastest<br>\ngrowing airline industry with the next twenty years, according to<br>\na report by European aircraft maker Airbus Industrie.<\/p>\n<p>The company said world demand for new planes over the next 20<br>\nyears would reach 13,500 planes worth US$1.1 trillion.<\/p>\n<p>The Asia-Pacific will account for 34 percent of all new<br>\nbusiness in dollar terms, Airbus said.<\/p>\n<p>Airbus said passenger traffic to, from and within the region<br>\nwould rise at an average of 6.4 percent a year over this period,<br>\ncompared with the world average 5.2 percent.<\/p>\n<p>These figures require a tripling of the number of seats<br>\ncurrently available, from today's 416,000 seats to 1.3 million,<br>\nor 32 percent of world capacity, the company said.<\/p>\n<p>The biggest increase would be in China with domestic traffic<br>\nannual growth reaching nearly 10 percent.<\/p>\n<p>\"As a result of this growth, Airbus predicts an increase in<br>\nthe average size of aircraft operated in the region from 232<br>\nseats to 312 seats or equivalent to the Airbus A-330-300 for<br>\nregional service and the ultra-long range for intercontinental<br>\nroute.\"<\/p>\n<p>\"Altogether the total fleet will more than double from its<br>\ncurrent level of 1,800 aircraft to 4,100, comprising 1,500 single<br>\naisle and 2,600 wide-body types.\"<\/p>\n<p>In line with the importance placed by Asian carriers on fleet<br>\nyouth, Airbus Industrie predicts big demand for replacement<br>\naircraft with some airlines replacing their fleets twice.<\/p>\n<p>\"This leaves a requirement for 2,600 additional aircraft to<br>\nmeet growth. With an existing backlog of almost 500 aircraft<br>\nalready ordered by Asia-Pacific airlines, potential sales from<br>\nthe region total some 3,600 aircraft, valued at $375 billion.\"<\/p>\n<p>Airbus's forecast for the Asia Pacific is based on demand by<br>\n59 major airlines for passenger and combi planes with more than<br>\n70 seats. The airlines included 27 carriers in North and<br>\nSoutheast Asia, 17 in China, 10 on the Indian sub-continent and<br>\nfive in the Pacific.<\/p>\n<p>The European company said its goal is to achieve at least a 50<br>\npercent share of the future world airplane market and said that<br>\nits A330-300 and A340-500 models make it well-prepared to meet<br>\nthe expected demand for planes with greater seating<br>\ncapacity. (icn)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/asia-pacific-will-be-strongest-market-airbus-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}