The Asia-Pacific region is the fastest growing region in the world when it comes to aviation. Considering that it contains about half of the world’s population that is likely not much of a surprise to anyone. Airbus recently released a statement outlining what their projections are for the next 20 years, and the numbers are somewhat staggering.
Airbus estimates 10,000 new aircraft including 3,800 widebodies over the next 20 years. Those are just incredible numbers, that quite simply blow me away. Airbus and Boeing will clearly be the major players in these markets, but with that many aircraft to be built and sold other companies will likely fill in the gaps.
The above statement talked a lot about larger aircraft, but as time progresses and the region matures I think the regional type aircraft will become increasingly important. Much the way the regional carriers have become essential parts of air service in the US, these will become essential to really ingraining flying into the culture of these rapidly developing countries.
I recently saw a comment saying that the aviation industry was being attacked by China and India, but I completely disagree. I think it is awesome for the industry that these countries are becoming larger players. There is just so much potential and opportunity there that to think that it could possibly be a bad thing makes no sense to me. We should all want the industry to grow and develop.
The US has long been the world leader in aviation, and will remain such for the foreseeable future. That being said, we need to embrace that role, and do our part to improve aviation globally. We need to be the leader in new ATC technology. We need to not get so bogged down in regulations and red tape that we lose the wonder that has always made aviation so amazing. We need to bring the wonder of flight to as many people as we possibly can.
I am curious what other people think about the aviation boom in the Asia-Pacific Region. What do you see as the benefits of this growth? What are some of the challenges or difficulties that it will present? Please share your thoughts in the comment section below.