Boeing Projects Middle East Demand For Airliners, Cargo Carriers To Double - Release
Umer Jamshaid Published September 20, 2022 | 04:30 AM
WASHINGTON (UrduPoint News / Sputnik - 20th September, 2022) Demand for commercial airliners and cargo planes across the middle East will double in�the next 20 years, creating a market for 3,000 more aircraft worth $765 million, Boeing announced in a press release.
"Boeing said today that the region's passenger traffic and commercial fleet are projected to more than double over the next two decades," the release said on Monday. "The company announced its estimate in the 2022 Boeing Commercial Market Outlook (CMO), a forecast of 20-year demand."
Now that Middle Eastern carriers have successfully managed through challenges brought on by the COVID-19 pandemic, the region's fleet is forecast to expand to 3,400 airplanes to serve fast-growing passenger traffic as well as cargo demand, the release said.
"The Middle East region, a popular connection point for international travelers and trade, is also growing as a starting point and destination for business and leisure passengers," the release added.
The region also will require 202,000 new aviation personnel, including 53,000 pilots, 50,000 technicians and 99,000 cabin crew members in the next 20 years, according to Boeing's 2022 Pilot and Technician Outlook, according to the release.
Recent Stories
IMF Officials assure support to Pakistan’s economy
Naqvi directs foolproof measures for protection of Chinese nationals
Israel carries out attack inside Iran, report US media
Saudi Assistant Minister of Defence calls on army chief
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 19 April 2024
Today Gold Rate in Pakistan 19 April 2024
Rock-solid Ruud racks up season-leading win in Barcelona
At UN, Iran says it will make Israel 'regret' reprisals
G7 hears calls for 'critical' Ukraine aid
EU seeks to leverage might to confront China, US challenge
5 Customs officials martyred as their vehicle ambushed by terrorists in D I Khan
Pak-New Zealand match called off due to rain
More Stories From World
-
Remote Indonesia volcano Mount Ruang erupts again
3 minutes ago -
China to play 'constructive role' to ease tensions after reported strike on Iran
13 minutes ago -
Explosions in Iran as US media reports Israeli strikes
23 minutes ago -
Italy urges 'de-escalation' as G7 to discuss reported strike on Iran
43 minutes ago -
Indonesia on alert for more eruptions from remote volcano
43 minutes ago -
5.0-magnitude quake hits Alaska Peninsula
52 minutes ago
-
Foreign-invested firms in China up 20.7 percent in Q1: data
52 minutes ago -
China launches digital database of classic graphics
52 minutes ago -
Hindu nationalist Modi the favourite as India votes
52 minutes ago -
Two detained in Poland for attack on Navalny ally: Lithuania president
52 minutes ago -
International reactions after Israel's reported attack on Iran
53 minutes ago -
Eight killed in overnight Russian strikes, as Ukraine downs bomber
53 minutes ago