Monday, March 7, 2011

Air Bus to Now Focus on Asian Market


It is not for nothing that Air Bus is having grand plans for Asia. Almost one third of its business is going to come from the Booming Asian aviation market as predicted by the firm based on its market demands.The two of the fastest growing economies India and China contrasts starkly  to the declining economies in the western sphere and hence an enhanced demand for Air Bus is all but expected. This is provided the Air Bus is able t meet the invincible competition from the bigger player Boeing and many regional jets such as Brazil Embardier.

The reason for the Air Bus optimism are many Fold:
  • All the major Air lines in Asia such as Emirates airlines, Jet airways and Kingfisher are on an expansion spree and some are Air Bus customers as well. In India Kingfisher is one of the largest Air Bus customer and Air India is also among them. Emirates Airline is one of the biggest customers of Air Bus and in fact the  for the Airbus Dream liner series they are the first ones also.
  • The demand will also be high as the airlines in Developing countries of Asia Pacific are seeking to expand Internationally backed by enhanced Airlines Booking demands due to greater outflow of Tourists, Corporates and Travelers .
  • The spurt in Mid Size carriers: The is predictably more demand for Mid sized carriers as sooner or later all airlines will have to offer the Low cost carrier model and also fly to suburban domestic destination where need for larger aircraft are non existent.
As per Air Bus Predictions the market for the asia pacific is expected at $1.2 trillions or more than 8000 aircrafts over  next 20 years.

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