Airline Fleet Selection Process
Airbus earns a record 418 firm orders valued at $44 billion in list prices, with the largest order coming from AirAsia for 200 A320neo aircraft valued at $18.2 billion.
—Airbus Paris Air Show, July 2011 results
With a large population and robust economic growth, Asia is well on its way to becoming one of the largest air transportation markets in the world. The Boeing Commercial Airplane Group predicts the world's biggest growth in air travel over the next 20 years will occur in India and China. Embraer forecasts world demand for regional jets at $200 billion in 20 years (Bloomberg, 2010). In today's challenging ...