✈️🚀 Hold onto your seats, future travelers! China is gearing up to take the skies by storm. With around 4,500 civilian aircraft already in its fleet, China is contributing a whopping 15% to the global aviation service demand. But that's just the beginning!
According to Hu Yongdong, vice president of strategy, development & operations customer service at Airbus China, the Chinese aviation market is set to skyrocket. In an exclusive chat with CGTN, Hu revealed that China's market value is expected to nearly triple from $23 billion in 2024 to about $61 billion by 2043. 😮
This monumental growth means China will become the world's largest aviation service market, driving the expansion of the global service market along the way. It's like watching a superhero origin story, but for economies! 🦸♂️
What does this mean for us? More flights, better services, and maybe cheaper tickets to explore the wonders of Asia and beyond. 🌏 So, adventurers, start planning your bucket list trips, because the future of flying is looking bright!
Reference(s):
China to become the world's largest aviation service market: Airbus
cgtn.com