Boeing sees China buying 3,710 planes over next 20 years
US airframe maker Boeing said it expects China to need 3,710 new commercial aircraft, worth about US$390 billion, over the next 20 years. China is the fastest-growing aviation center in the world and accounts for 41% of all airplane demand in the Asia-Pacific region, a Boeing spokesman said Wednesday. The single-aisle market would account for 70% of the demand, while demand for larger aircraft like 747s would be limited to about 100 planes. Earlier this week, Embraer, the world's third-largest aircraft manufacturer, predicted China would need 883 regional planes over the next 20 years.
Source: Yahoo! News
Possibly Related Posts:
- China Cosco confident on container rates
- China to bid on US high-speed rail projects
- Air China plans $952 million new share sale
- China Southern Airlines to raise $1.5 billion through new shares
- China Southern suspended after government cash injection
