Boeing has predicted that China will require 4,330 new commercial planes, valued at $480bn, over the next 20 years.
The company said that, during the forecast period, China’s fleet size would triple, making it the largest aircraft market outside the US.
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Boeing forecasts that 71% of China’s demand will come from single-aisle aircraft, with total deliveries to reach 3,090.
The single-aisle and intermediate twin-aisle combined market will make up 92% of China’s total delivery dollars.
Boeing forecasts a 70-aircraft order in the large airraft category in China.
Chinese air carriers will order about 330 freighter planes by 2029.
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By GlobalData
