ARLINGTON, Va., - China will need to double the size of its commercial airliner fleet over the next two decades in order to keep pace with the expected explosion in demand for domestic air travel and economic growth, Boeing said Wednesday, Meg Godlewski reports for Flying. Continue reading original article.
The Military & Aerospace Electronics take:
27 September 2023 - Arlington, Virginia's The Boeing Company projects that China's commercial airliner fleet will more than double to nearly 9,600 jets over the next 20 years. according to Boeing's Commercial Market Outlook (CMO; available here), the company's long-term forecast of demand for commercial airplanes and related services.
With its ongoing recovery of air travel, China will account for one-fifth of the world's airplane deliveries in the next two decades, according to the CMO. China's domestic aviation market also will be the largest in the world by the end of the forecast period, helping power demand for 6,470 single-aisle airplanes
"Domestic air traffic in China has already surpassed pre-pandemic levels and international traffic is recovering steadily," said Darren Hulst, Boeing vice president, Commercial Marketing. "As China's economy and traffic continue to grow, Boeing's complete line-up of commercial jets will play a key role in helping meet that growth sustainably and economically."
Jamie Whitney, Senior Editor
Military + Aerospace Electronics