World leading airbus maker is dreaming a very prospective future in Asia. The growing demand of aircraft across the world would bring fortune for the company. In next two decade almost 30,000 new passenger aircraft are needed to meet rising worldwide demand.

China and India will be the great potential buyer. The two countries have recovered from the global recession very well and ready to meet their growing passenger demand to buy large number of aircraft.

China’s increasingly growing middle class are more prone to make holiday more than ever and china’s tourism sector is booming.  Boeing said last week that it expected carriers to purchase 2,900 new planes worth $280 billion in that time. On the other hand India, a country with great potential also needs more aircraft to speed up further their economy. India mostly depend on rail system, which is time consuming is now looking for less time consuming transport to travel for business or personal purpose.

It is thought that China’s domestic market growth rate was higher than its international market growth rate. I think if you breakdown the numbers even further as time goes on you will see that disparity grow. I believe the next frontier in China to be the development of its domestic market; there is only so far they can go as the world’s manufacturer, and while they will continue to be the dominant manufacturing base for many years to come, rising incomes and infrastructure development in inland China will spur domestic demand.

One of the fastest growing economies India expecting a robust growth in civil aviation sector, market analyst says; India will become the fastest growing country for air travel demand for the next 20 years. According to the forecast India will require 1,100 passenger and freight aircrafts by 2025, of which 935 will be passenger aircraft while the remaining 165 will be freighters.

“Strong demand in India is being unleashed by Air transport deregulation, the emergence of number of new operators, low fares and large untapped demand for air travel.

The number of passenger aircraft will increase five-fold from 190 aircrafts in service at the end of 2005.
The freight fleet is poised to increase almost 20-fold to meet the potentially large untapped market from eight freighter aircrafts in service in 2005 to 165 in 2025.

“This is clearly a market that has benefited from a loosening, or should I say from a number of open skies agreements, liberalization of the market place.

India is a market where explosive growths in terms of low-cost carriers and low budget airlines have very high demand.