DUBAI: Boeing projects 2,500 more aircraft for Mideast

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Boeing (stand C300) has forecast that airlines in the Middle East will need around 2,520 aircraft worth $450 billion by 2030.

The region's fleet of passenger aircraft will more than double to 2,710, with 34% of orders for replacement and the rest for growth.

Single and twin-aisle aircraft will comprise 90% of these, while large aircraft like the 747-8 will account for 7% and regional aircraft 3%.

"The Middle East has seen an unprecedented growth in capacity over the past 10 years and every indication points to a further, significantly large increase over the next 20 years," said Randy Tinseth, Boeing Commercial Airplanes vice-president of marketing.

"The collective capacity of three airlines, Emirates Airlines, Etihad Airways and Qatar Airways, has grown by an average of 23% annually over the past decade and we expect this trend to continue well into the future."

As of September 14, Boeing had a backlog of 300 aircraft in the Middle East.