Print edition: 
Big demand for airliners and cargo planes will come out of Asia and the Pacific over the next two decades, a new study says.
Airlines in the Asia-Pacific region will take delivery of about 8,000 new passenger and cargo aircraft worth $1.2 trillion over the next 20 years, according to a study released by Airbus Wednesday at the Singapore Airshow.
The planes represent one-third of predicted global deliveries between now and 2028, Airbus said.
Traffic growth in the region, along with continuous fleet replacement, will drive sales of about 880 very large aircraft, 2,570 twin-aisle widebody aircraft and 4,560 single-aisle aircraft, Airbus said.
Demand for larger planes reflects the concentration of populations around large urban areas in the region generating traffic on key regional and international routes, it said.
Demand for single-aisle aircraft, meanwhile, will accelerate in the next few years, driven by growth of low-cost carriers and the opening of new routes between secondary locations, especially in China, India and Southeast Asia.
Traffic in the region is predicted to grow at an annual rate of 5.9 percent, while cargo traffic is expected to grow at 6.3 percent a year.
Airbus chief operating officer John Leahy said that within 20 years, the Asia-Pacific region would overtake the U.S. and Europe as the world's largest transport market, with the airlines in that region carrying more than 30 percent of passenger traffic worldwide and 40 percent of all air freight.
