Asia-Pacific Will Need 17,000 New Commercial Aircraft By 2039

September 3, 2019

 

Chicago based American plane manufacturer Boeing has just released their 2019 Boeing Pilot & Technician Outlook. In this report, the planemaker predicts that the Asia-Pacific region will need 17,000 new commercial aircraft by 2039.

The report foresees the Asia-Pacific region leading global demand for not only commercial aircraft but for commercial pilots, technicians and cabin crew as well. According to Boeings calculations, the Asia-Pacific region will account for one-third of global demand. In human terms, this equates to 816,000 personnel over the next two decades.

Demand for aviation personnel in the Asia Pacific region will increase

In the report, which was released Tuesday, September 3rd, vice president of Training & Professional Services for Boeing Global Services Keith Cooper is quoted as saying:

“Demand for personnel in the Asia Pacific region remains significant, and we expect this trend to continue. Boeing supports the full lifecycle of an aircraft to help make sure that our customers have qualified personnel to fly, maintain and staff them.”

The 2019 Boeing Pilot & Technician Outlook tries to estimate aviation industry demands around the globe for personnel, while taking into account regulatory requirements, crewing requirements and accounting for annual aircraft utilization rates.

Over the next 20 years, airlines will need 44,000 new planes

The report forecasts that over the next 20 years, airlines are going to need 44,000 new aircraft. Of these, 39% or 17,000 will be delivered to the Asia-Pacific region.

Together with the 17,000 new planes, the region will require 244,000 commercial aircraft pilots or 38% of global demand. This demand takes into account the attrition rate of older aircraft, staff retirements and, more importantly, fleet growth due to increased demand.

China on its own will need 124,000 new commercial pilots, which is just over half of the region’s demand, with the rest of the new pilots being divided up amongst Southeast Asia and South Asia. 

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