Market Share of South-East Asia Civil Aviation Industry
The civil aviation market in Southeast Asia is highly concentrated, with only a few major players dominating the market share. Among these, Airbus S.A.S., The Boeing Company, Embraer SA, ATR, United Aircraft Corporation, and Bombardier Inc are some of the most prominent players. To expand their business, these key players are adopting various strategies such as mergers and acquisitions, forming partnerships, securing long-term contracts with airlines, and more.
For instance, Thai Airways, the national carrier of Thailand, has plans to purchase 20-30 new commercial aircraft by 2025, which will be used to meet the growing demand for air travel in the future. The estimated cost of these 30 planes is around USD 3.1 billion. This move will not only enhance Thai Airways' fleet with fuel-efficient aircraft but also enable the airline to replace older planes that have been decommissioned or sold.
South-East Asia Civil Aviation Market Leaders
-
Airbus S.A.S
-
The Boeing Company
-
Embraer SA
-
Bombardier Inc.
-
ATR
*Disclaimer: Major Players sorted in no particular order
