US aircraft manufacturer giant Boeing has predicted that air travel in Bangladesh will double in the next decade \u2013 driven by the country\u2019s growing population, expanding economy and the middleclass.
\nBoeing provided details about the increasing demand and capacity for air travel in Bangladesh in a briefing recently in Dhaka, on its Commercial Market Outlook (CMO), a yearly forecast of global and regional demand for aircraft.
\nThrough 2032, Bangladesh is expected to achieve an annual economic growth rate of more than 5% — double the global average, supporting air traffic growth at nearly 8.5% annually, according to Boeing. \u201cAs travel restrictions were relaxed over the past year, capacity growth in Bangladesh has increased by 11% year-over-year,\u201d said Dave Schulte, Boeing Commercial Marketing Managing Director for Asia Pacific and India, on Wednesday (May 10, 2023).
\nLed by regional traffic to the Middle East and India, Bangladesh\u2019s air travel could double over the next 10 years, he said.
\nTo meet strong demands in passenger travel and air cargo, Boeing anticipates South Asia\u2019s carriers will need more than 2,300 new commercial airplanes over the next 20 years, more than tripling South Asia\u2019s current in-service fleet of 700 airplanes.
\n\u201cWe see tremendous opportunity in South Asia, with more than 80% of new deliveries supporting air travel growth and 20% replacing older, less fuel-efficient airplanes,\u201d said Schulte.
\nSingle-aisle airplanes like the Boeing 737 family will make up nearly 90% of South Asia\u2019s future fleet, while 10% of the regional fleet will be widebody airplanes like the Boeing 787 Dreamliner. Both airplane models are currently in operation with Biman Bangladesh Airlines and US-Bangla Airlines.
\n\u201cBoeing airplanes have played a tremendous role in the rapid growth of commercial aviation in Bangladesh. Commonality across the fleet will continue to play a major role in furthering growth, especially as it enables our airline customers to reduce operating costs and expenditures associated with training and maintenance,\u201d added the Boeing Commercial Marketing Managing Director for Asia Pacific and India.<\/p>\n","protected":false},"excerpt":{"rendered":"
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