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.
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.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
