Boeing expects Taiwan’s commercial aviation sector to sustain continued growth for next 20 years
Taiwan News
Date: 2018/10/23
By: Scott Morgan, Taiwan News, Staff Reporter
Oct. 23 (Photo courtesy of the Boeing Company)
Randy Tinseth, Vice President of Commercial Marketing at Boeing speaking in Taipei on
TAIPEI (Taiwan News) – Taiwan’s commercial aviation sector is set for continued growth over the long term, off the back of sustained demand and economic growth, according to Randy Tinseth, Vice President of Commercial Marketing at Boeing.
Boeing’s projections suggest that the aviation industry in Northeast Asia grow by an will average 2 percent over the next 20 years, and Tinseth said Taiwan’s growth will be somewhat higher than that, as Taiwan’s aviation demand is stronger than the region and its economy has recently performed well.
Tinseth spoke to the media about Boeing’s view of the aviation market, and Boeing’s offerings during a press event in Taipei on Oct. 23.
Tinseth said that Taiwan’s aviation market has doubled in size over the past 10 years, and has grown above worldwide trend. This growth is caused by a rebound of air freight and increased tourism. [FULL STORY]
