Despite Talk of Gloom, Boeing Remains Bullish on Southeast Asia
Boeing’s Keskar believes the liberalization of ASEAN skies over time will guarantee sustained growth.
With inexpensive fuel and steady market growth, low-cost carriers like Indonesia-based Lion Air are helping drive demand for more new airframes in the Asia Pacific region.
With inexpensive fuel and steady market growth, low-cost carriers like Indonesia-based Lion Air are helping drive demand for more new airframes in the Asia Pacific region.

Notwithstanding talk of darkening economic prospects for the Asia Pacific region and persistent pressures on the profitability of its airlines, Boeing continues to see Southeast Asia traffic growing at a 6.5 percent annual rate for the next 20 years. The U.S. airframer believes this will result in demand for 3,750 new airplanes valued at $550 billion.