Tinseth is due to outline Boeing’s plans to capture the Asia boom. AFP / Jason Redmond
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Boeing and Airbus have never had it so good in Asia.Asia Pacific is likely to have 3.5 billion passengers by 2036, adding more than double the forecast for North America and Europe combined, according to estimates by the International Air Transport Association. To meet that demand, Boeing estimates carriers will need 16,050 new aircraft valued at $2.5 trillion by 2036 .After a flurry of aircraft deals in the last decade, Airbus and Boeing continue wooing Asian customers for future orders as carriers in mainland China, and those in India and Southeast Asia such as SpiceJet Ltd. and AirAsia Bhd.China will be adding 921 million passengers by 2036, followed by India with 337 million and Indonesia with 235 million, according to IATA.What makes Asia tick?Only 10 percent of the population in Asia has taken to the skies. As per the Chicago-based planemaker's estimates, the region will account for 39 percent of the total projected global demand for 41,030 aircraft by 2036 .
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