Boeing sales booms in Russia and CIS
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According to Craig Jones, vice president of Sales for Russia/CIS, Boeing Commercial Airplanes, they expect a significant growth in air travel as the economies of Russia and the CIS continue to expand.
Both cities’ domestic and international air traffic has increased by 36% over the last 10years and all indicators show it will continue to rise.” Liberalization of air traffic regulations, airline consolidation and the reduction or elimination of high tariffs on new airplanes could generate additional demand for new airplanes.” Jones added.
The flying public’s demand for more point-to-point travel options will also stimulate demand for smaller airplanes. Illustrating the emergence of point-to-point, in Europe the number of non-stop flights has grown at an average rate of about 5% and the average airplane size has fallen. More passengers are flying direct routes on smaller airplanes. Smaller aircrafts will not only provide a direct service but are also much more fuel efficient and are able to fly longer distances with fewer passengers than a 747 and still remain profitable for the airlines that operate them.”
Aviation currently represents2% of global emissions while contributing 8% to the world economy,” said Jones and the company is committed to continuing to find ways to reduce the environmental impact of their products.
Air traffic within Russia and the CIS is expected to grow6% per year over the next 20years. Traffic on transatlantic routes between Russia/CIS and North America is projected to increase 4.1% annually. Worldwide, Boeing estimates the fleet will require 28,600 new jets by 2026 worth aboutUS$2.8 trillion.
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