Boeing projects a demand for 7,240 new airplanes in China over the next 20 years with a total value of nearly $1.1 trillion dollars, according to its annual China Current Market Outlook (CMO). Airplane demand had also rose 6.3% over last year’s forecast. On a global scale, Boeing projects the need for 41,030 new commercial airplanes over the next 20 years, that is valued at $6.1 trillion dollars. "China's continuous economic growth, significant investment in infrastructure, growing … [Read more...] about Boeing raises forecast for airplane demand in China
China Current Market Outlook
China becomes world’s first trillion dollar aviation market
Boeing has projected a demand for 6,810 new aircraft in the country over the next 20 years, including nearly 600 freighters - both newbuild and converted. Boeing released its annual China Current Market Outlook (CMO) today in Beijing, estimating the total value of these new aircraft - passenger and cargo - at US$1.025 trillion. China becomes the first trillion dollar aviation market in Boeing's forecast. Driven by China's growing e-commerce business – already the largest in the world – air … [Read more...] about China becomes world’s first trillion dollar aviation market
China becomes world's first trillion dollar aviation market
Boeing has projected a demand for 6,810 new aircraft in the country over the next 20 years, including nearly 600 freighters - both newbuild and converted. Boeing released its annual China Current Market Outlook (CMO) today in Beijing, estimating the total value of these new aircraft - passenger and cargo - at US$1.025 trillion. China becomes the first trillion dollar aviation market in Boeing's forecast. Driven by China's growing e-commerce business – already the largest in the world – air cargo … [Read more...] about China becomes world's first trillion dollar aviation market
