Hello from Singapore, where the 2014 Singapore Airshow is officially off and running. We’re excited to have two of our customers showcasing their airplanes at this year’s show. Qatar Airways is displaying one of its 787s and SilkAir will bring its newly delivered Next-Generation 737-800 as it transitions to an all-Boeing fleet.
Qatar’s 787 on static display at the Singapore Airshow.
Boeing and SilkAir just celebrated the delivery of the carrier’s first Next-Generation 737-800, which will be on display later this week in Singapore.
We got things started on the eve of the show by unveiling our Current Market Outlook for Asia Pacific. We’re forecasting the region’s airlines will need 12,820 new airplanes over the next 20 years. The $1.9 trillion market is expected to represent 36 percent of the world’s new airplane deliveries. Single-aisle airplanes like the Next-Generation 737 and the new 737 MAX will make up 69 percent of new airplanes in Asia Pacific.
As always, I enjoy air shows since they give us the chance to meet with our customers, our suppliers and the media.
Media attended our briefing on the Asia Pacific Current Market Outlook on the eve of the Singapore Airshow.
Here’s a clip from one of my television appearances. I’ll bring you other developments from Singapore later in the week.