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NEWS

Boeing to Sell Planes to CIS for the Next 20 Years

15 August 2011
Boeing to Sell Planes to CIS for the Next 20 YearsBoeing

Itar-Tass reported on the Russia and CIS airlines' plans to buy more than one thousand new aircraft from Boeing in the next 20 years, three quarters of which will be used to replace the existing fleet.  According to the article published in www.trend.uz, "Airlines of the CIS in 2011-2030 years will need 1,080 aircraft worth $110 billion, Boeing - Commercial Airplanes Vice President Randy Tinseth told journalists at a briefing on Monday timed to the opening of the Moscow Airspace Show (MAKS).  24% of the new aircraft will be for the expansion of the fleet and 76% - for the fleet replacement. The total number of aircraft in the CIS in 20 years will exceed 2,000.  The company's vice president added that over 250 Boeing airliners of various modifications are currently in service in the Commonwealth countries, and their share in the aircraft fleet of CIS airlines over the past 10 years has increased from 3 to almost 30 percent.  According to the Boeing's outlook, the commercial aviation market in the Commonwealth of Independent States continues to grow as the region's airlines add new airplanes to their fleets."