Boeing forecasts growth in Spain

Spain will require 410 new airplanes worth about $36bn over the next 20 years, according to Boeing’s annual forecast for the commercial airplane market.

Airplanes in the Boeing 737 size range will account for 70 percent of all commercial jetliners delivered to Spanish airlines over the next 20 years. Fifteen to sixteen percent will be twin-aisle airplanes such as the Boeing 777 and 787. Eleven percent will be smaller regional jets while the Boeing 747 size or larger represents three to four percent of the market.

As in Spain, the market for airplanes in all of Europe over the next 20 years will be significant.

Boeing projects European airlines will need 6,600 airplanes worth about $620bn until 2025. Of those, 68 percent will be single-aisle airplanes, while twin-aisle airplanes will account for 22 percent of all jetliners sold. Seven percent will be regional jets, and three percent will be 747 size or larger.