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Authors :
Mathews, Neelam
Mecham, Michael
Source :
Aviation Week & Space Technology. 2/20/2006, Vol. 164 Issue 8, p70-73. 4p. 3 Color Photographs, 1 Chart.
Publication Year :
2006

Abstract

This article reports that even as 2005 ended with Asian carriers splurging on orders, their acquisition plans for this year include more than 200 additional short and long-haul aircraft. It seems the region, led by China and India, has an insatiable appetite for new aircraft. Studies by the International Air Transport Association put their combined profit in 2005 at $1.5 billion, compared with $1.3 billion in Europe, and a net loss of $10 billion in the U.S. The International Civil Aviation Organization's forecast expects the Asia-Pacific countries to supplant Europe this year as the second largest aviation region after North America.

Details

Language :
English
ISSN :
00052175
Volume :
164
Issue :
8
Database :
Academic Search Index
Journal :
Aviation Week & Space Technology
Publication Type :
Periodical
Accession number :
19898396