US aerospace giant Boeing Co estimates northeast Asia will need 1,200 airplanes over the next 20 years, which would be worth $190 billion, a senior company executive said on Thursday.

'About 60 to 65 percent of that would be for Japan,' Randy Tinseth, vice president of marketing for Boeing Commercial Airplanes, told reporters in Tokyo.

Globally, airlines will need 29,000 new airlines through 2028, worth around $3.2 trillion, he said.

Tinseth reaffirmed that Boeing plans to deliver the first of its repeatedly delayed 787 Dreamliners to All Nippon Airways in the fourth quarter of 2010.

Boeing, like its European rival EADS's Airbus unit, has had a difficult year as carriers and air cargo operators have seen less business during the global recession. – Reuters