Citing the expected growth of airline passenger traffic in the Philippines, US aircraft maker Boeing is wooing Philippine carriers to buy its long-range planes, especially for the North American market.
The Philippine Embassy in Washington D.C. on Thursday (PHL time) said Boeing officials relayed this to Ambassador Jose Cuisia Jr. when he visited the firm’s factory in Everett near Seattle recently.
“Noting the 6.6 percent projected growth in airline passenger traffic for the Philippines in the next 20 years and the backlog in Airbus aircraft orders, Boeing executives told Ambassador Cuisia they are ready to make aircraft for Philippine carriers available in 2016,” the embassy said.
It also noted the Philippine market is presently dominated by Airbus Industries.
John Schubert, managing director for marketing for Asia Pacific and India, said the demand for aircraft in Southeast Asia over the next 20 years will reach 3,500 units valued at $500 billion.
But in the Philippines, he said that of the 141 commercial aircraft currently being used, only six are Boeings – a “dismal four percent market share.”
The six include 777-300ERs used by Philippine Airlines for its long-haul flights to North America.
North America, with four million Filipinos, is considered PAL’s biggest and most profitable market.
Boeing Commercial Airplanes director of product marketing Dave Kell said Boeing’s 777 is one of the most in-demand aircraft, with 1,805 firm orders from 69 customers.
Kell added the 777 is the most preferred, most reliable and most valued aircraft in the market.
“The 777 is the most suitable aircraft for long range North American routes such as those of Philippine Airlines,” he said.
Assistance to calamity victims
On the other hand, Boeing executives informed Cuisia of the firm’s assistance to the Philippines.
This included $750,000 from the Boeing Company and Boeing employees for relief efforts for victims of super Typhoon Yolanda (Haiyan), which left more than 6,000 dead.
Also, Boeing is part of a joint effort with World Vision and PAL to airlift relief supplies during a 777-300ER delivery flight last year.
Source: Joel Locsin /LBG, GMA News