Boeing has forecast a demand for 7,240 new
airplanes in China over the next 20 years, valued at nearly US$1.1
Boeing's annual China Current Market Outlook
(CMO) was released today in Beijing, with total airplane demand
rising 6.3% over last year's forecast.
"China's continuous economic growth, significant
investment in infrastructure, growing middle-class and evolving
airline business models support this long-term outlook," said
Randy Tinseth, vice president of Marketing, Boeing Commercial
Airplanes. "China's fleet size is expected to grow at a pace well
above the world average, and almost 20 percent of global new
airplane demand will be from airlines based in China."
Single-aisle airplanes continue to be the
foundation of domestic and regional fleets in China.
the need for 5,420 new single-aisle airplanes through 2036,
accounting for 75% of the total new deliveries.
Full-service airlines and low-cost carriers have been adding new
single-aisle airplanes and expanding new point-to-point services
to cater for both leisure and business travel demand in China and
Tinseth said the backlog from Chinese customers
demonstrates that the new 737 MAX 8 remains at the heart of the
Boeing forecasts the widebody fleet over the
next 20 years will require 1,670 new airplanes.
"China's outbound travel market continues its
rapid growth toward 200 million passengers annually," said Tinseth.
"With new technologies, superior capabilities and advanced
efficiency, the 787 and 777X families will play a key role in
supporting the growth of China's long-haul market."
New Airplane China Deliveries Through 2036
Worldwide, Boeing projects the need for 41,030
new commercial airplanes over the next 20 years valued at $6.1
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