Boeing is expecting to soon see a new wave of demand for wide-body aircraft to replace ageing planes in the Middle Eastern market.
Speaking at the Dubai Airshow today, Randy Tinseth, vice president of marketing at Boeing Commercial Airplanes, said that Boeing has spied a significant market for wide-bodies to replace older 777s, A330s and A340s.
The company is targeting airlines with its new 777X and 787-10 at the show, and believes the Middle East presents one of the most lucrative markets for the wide-body planes.
Tinseth said: “While single-body aircraft like the 737s and A320s will be the largest markets in terms of units…72% of the value of the airplanes in [the Middle East] market will be wide-bodies.
“In fact, when we compare the share of wide-body aircraft here to the worldwide average, it has more than twice the share of other markets. Wide-bodies are playing and incredibly important role in this market place.”
Tinseth told reporters that the 787-10 is angled to replace 777-ERs as well as A330s and A340s.
He said: “You can see that we have an upcoming wave of A330s, A340s and 777s that will reach 25-years of service [soon] and they will all need to be replaced. We think the 787-10 is the perfect aircraft for that.”
Boeing is currently in discussions with Emirates, the biggest operator of Boeing 777s and Airbus A380s, regarding the delayed delivery date of the 777X.