Source | www.khaleejtimes.com | Waheed Abbas
The Middle East will need an additional of 3,130 airplanes worth $725 billion, hiring around 231,000 workers including pilots, technicians and cabin crew over the next two decades, according to the latest forecast by US aircraft manufacturer Boeing released at Dubai Airshow 2019 on Sunday.
Randy Tinseth, vice-president for marketing at Boeing Commercial Airplanes, said the region will need 64,000 new pilots, 65,000 new technicians and 102,000 cabin crew over the next 20 years to meet the demand for the growth of aviation market.
It forecast 100-plus new long-haul routes in 10 years, 80 per cent of which are flown by Boeing widebodies with 46 per cent of region’s share of forecasted deliveries in the widebody segment, the highest of any region. In addition, the airlines will invest $790 billion in commercial aviation services by 2038.
Globally, Boeing projected demand for 44,000 airplanes and $16 trillion commercial aviation value over the next two decades. It foresees $30 billion in net profit for airlines for 2019 while around 9,100 new widebody airplanes will be delivered over the next 20 years.