Bombardier sees Asia-Pacific taking delivery of 2,050 aircraft by 2036

A Bombardier logo is seen at the Bombardier plant in Belfast
A Bombardier logo is seen at the Bombardier plant in Belfast, Northern Ireland January 26, 2018. REUTERS/Clodagh Kilcoyne

February 6, 2018

(Reuters) – Asia-Pacific, excluding Greater China, is expected to take delivery of 2,050 aircraft by 2036, according to a forecast by Canadian planemaker Bombardier Inc <BBDb.TO>.

“Strong GDP growth and a booming middle class should drive passenger traffic numbers to triple in the next 20 years,” said Francois Cognard, vice president, sales, Asia-Pacific, at Bombardier. (http://bit.ly/2GUrQbQ)

As domestic connectivity in the region increases, the company sees an opportunity for 1,050 large regional aircraft of 50 to 100 seats and 1,000 small single-aisle aircraft of 100 to 150 seat.

The region will make up 16 percent of the worldwide market, which would be valued at $820 billion, Bombardier said.

(Reporting by Karan Nagarkatti in Bengaluru; Editing by Sriraj Kalluvila)