Boeing: Southeast Asia fleet will nearly quadruple over the next 20 years

Boeing says Southeast Asia’s commercial airplane fleet will nearly quadruple to more than 4,000 jets by 2042, becoming one of the global leaders in air traffic and fleet growth. As low-cost carriers (LCCs) become the dominant business model and expand networks across the vast region, Southeast Asia will be the world’s fastest-growing single-aisle airplane market through the 20-year forecast period.  These projections are included in Boeing’s 2023 Commercial Market Outlook (CMO), the company’s annual long-term forecast of demand for commercial airplanes and related services.  “As the Southeast Asia market reopens, air traffic will grow substantially,” said Dave Schulte, Boeing Commercial Marketing managing director for Asia-Pacific. “Expanded connectivity, tourism and low fares will continue to