Begin partial quote:
Asian
demand is a big reason why airlines are on the largest jet-buying spree
in aviation history, ordering more than 8,200 new planes from Airbus
and Boeing in the past five years. There are now 24 planes rolling off
assembly lines each week, up from 11 a decade ago. And that rate is
expected to keep climbing.
The bulk of the planes are going to new
or quickly-growing airlines that serve the expanding middle class in
China, India and Southeast Asia.In Asia alone, Airbus has 1,375 unfilled airplane orders or about a quarter of its worldwide order book.
The low cost carriers are the hungriest buyers. Malaysia-based AirAsia and its affiliate AirAsia X together have orders for 385 new planes. Those new planes alone have enough seats to put an additional 60,000 passengers in the sky at the same time. Many of those planes will make multiple flights a day, sending that figure even higher.
Indonesia's
Lion Air has an order for 234 jets from Airbus and another 301 from
Boeing. That's in additional to the 107 Boeing jets it currently flies.
They're
just two of the numerous low budget airlines that have opened up in the
past decade, mostly in Southeast Asia, to service the growing demand
for affordable air travel.end partial quote:
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