FLEET MODERNIZATION UNDER WAY
The commercial jet fleet in South Asia has nearly doubled in the
past decade, and a large number of older airplanes have been
retired from service, resulting in a significantly more efficient
fleet. Average fleet age has dropped from nearly 14 years in
2004 to approximately 8 years in 2014. South Asia’s fleet count
is approaching 500 airplanes, of which
nearly 80 percent are single-aisle
airplanes in service with low-cost and
full-service airlines. As traffic increases,
the region will require 1,850 new airplanes,
including more than 1,500 singleaisle and 310 widebody jets, to satisfy
demand for growth and replacement
FLEET MODERNIZATION UNDER WAYThe commercial jet fleet in South Asia has nearly doubled in the past decade, and a large number of older airplanes have been retired from service, resulting in a significantly more efficient fleet. Average fleet age has dropped from nearly 14 years in 2004 to approximately 8 years in 2014. South Asia’s fleet count is approaching 500 airplanes, of which nearly 80 percent are single-aisle airplanes in service with low-cost and full-service airlines. As traffic increases, the region will require 1,850 new airplanes, including more than 1,500 singleaisle and 310 widebody jets, to satisfy demand for growth and replacement
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