According to Bloomberg，Amid the collapse of global financial markets，The Singapore Airshow—Asia’s largest airshow—will open this week on February 16th。But orders from Airbus and Boeing，But there are no signs of financial market turmoil。The boom period of multi-billion dollar aircraft orders in India and Southeast Asian countries is gradually fading，Concerns arose that airlines in the region would delay aircraft deliveries。The only bright spot is—China。

According to Boeing’s forecast，China Southern Airlines in the next 20 years、Air China and other Chinese airlines will need approximately 6,330 new aircraft，Accounting for about 17% of the total global aircraft demand。Only in 2015，Chinese aviation companies and leasing companies have announced orders for about 780 aircraft，The amount reaches about 102 billion US dollars。

Will Horton, a Hong Kong analyst at the Center for Asia Pacific Aviation Research (CAPA), said: “China’s aviation prospects are more than just bright，It can even be called the most powerful ever。188bet app The growth potential of Chinese aviation companies is becoming a reality。”

Last year，China’s economy has seen its lowest growth rate in 25 years，In order for the Chinese government to rebalance the economy，Realize the leading role of consumer spending in economic growth，Efforts are underway to encourage consumers to increase air travel。For this，The Chinese government will build 66 new airports。This is good news for the aviation industry，And in sharp contrast to the overcapacity and losses in Southeast Asia and India。

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During the Singapore Airshow，Aircraft manufacturers such as Embraer and Bombardier will do their best to obtain aircraft orders。United Technologies’ engine manufacturer Pratt & Whitney will start construction of its engine fan blade manufacturing plant in Singapore this week。Although it is arranged according to the air show，No senior executives of major Chinese aviation companies spoke during the exhibition，But China will become the world’s largest travel and airplane market in the future，And the gradual shift of development momentum to Asia，These will become topics of discussion among aviation manufacturers and airlines during the air show。

The 20-year market outlook forecasts of Airbus and Boeing both depend on the sales of new aircraft in the Asia-Pacific region，Based on estimates，From now until 2034，39% of the total aircraft deliveries 188bet online sports betting by the two major aircraft manufacturers will be delivered to the Asia-Pacific region。

Order Carnival

According to Boeing forecast，China will replace the United States as the world’s largest aircraft and travel market within 20 years。During Chinese President Xi Jinping’s visit to Boeing’s Seattle factory in September 2015，Boeing announced that it will make its largest industrial investment in China，Also announced orders worth $38 billion from airlines and lessors。Airbus has set up an aircraft assembly plant in Tianjin。

Tony Tyler, Chairman of the International Air Transport Association (IATA), said in Singapore on February 14: “China’s overall economic growth has slowed down，But air travel in China is still pretty strong。”

And in Southeast Asia and India markets，It’s another story；Previously，Southeast Asia and India also had a blowout period in air travel and aircraft orders。But now，Many airlines in these two regions are deep in losses，Some airlines even went bankrupt and closed down，Some airlines have also delayed the delivery of new aircraft。In Indian market，There is a price war going on between airlines，The aviation industry has been unable to achieve profitability for a long time。

Tang Yanlin said，Preliminary data display of airline companies’ 2015 financial reports，Preliminary data display of airline companies’ 2015 financial reports.3%，The lowest in all regions 188bet online sports betting except Africa。In contrast，The average profit margin of Middle Eastern airlines is 10.8%，5 for Europe and North America.9% and 13.8%。

Shukor Yusof, founder of Malaysian consulting company Endau Analytics，Southeast Asian airlines have over-ordered aircraft。He said，Considering that Airbus has a large proportion of order customers from Southeast Asian low-cost airlines，It faces a greater risk of order postponement or cancellation。

Challenges facing Airbus

Bloomberg Intelligence analysts George Ferguson and Ian McFarlane wrote in a February report，Airbus narrow-body aircraft30% of undelivered orders are concentrated in Asia，Among them, Southeast Asian and Indian airlines have the largest proportion of orders，includesLion Air（463 orders)、IndiGo (430) and AirAsia (307)，Accounts for 51% of Asian orders。

Although oil prices fell，But affected by concerns about global economic slowdown，The Bloomberg Asia Pacific Airlines Index has fallen 16% this year。Boeing stock price fell 25%，And Airbus share price fell 17%。

Mark Martin, founder of Dubai consulting firm Martin Consulting, said: "As long as oil prices remain low，Consumers have disposable income，Also air travel remains affordable。”

Affected by this，China will invest approximately 77 billion yuan in civil aviation investment this year。China also plans to build a new airport，To increase the total number of airports to 272 by 2020。Horton 188bet sports betting app download said: “China’s momentum is not declining，But rising。”