🚀 China's skies are set to get a whole lot busier! Boeing's latest market forecast, released in Beijing on Tuesday, says that China's commercial airplane fleet is expected to more than double in the next 20 years. That's right—by 2043, the fleet could soar from around 4,300 planes to a whopping 9,700! 🛩️
Darren Hulst, Boeing's vice president of commercial marketing, highlighted the strength of China's economy: \"It's important to look at how China's economy has recovered from the pandemic and remains very healthy.\"
In the first half of this year alone, China's civil aviation industry saw 350 million passenger trips, marking a 23.5% increase from last year and a 9% jump compared to the same period in 2019. 📈
\"China's commercial aviation market for passengers and cargo continues to expand,\" Hulst added. \"The economy continues to grow, private consumption continues to grow, and ultimately industrial production is also on a growth trajectory.\"
Boeing predicts that over the next two decades, China will need 8,830 new airplanes, ranging from regional jets to wide-body aircraft and freighters. Additionally, Chinese carriers will require aviation services worth $780 billion, including digital solutions, maintenance, and modifications.
The forecast also suggests that China will become the world's largest air travel market, driving growth in single-aisle fleets. The country is expected to have the world's largest wide-body fleet, with a demand for 1,575 new wide-body airplanes. ✈️🌏
Meanwhile, Chinese airlines are making strides with homegrown aircraft. Air China and China Southern Airlines have joined China Eastern Airlines in receiving their first C919 jets from COMAC. This signals a new phase for the C919, which has over 1,000 orders globally and has delivered nine aircraft so far. 🛫
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Boeing says China's commercial airplane fleet will double in 20 years
cgtn.com
