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15% more aircraft
Source: Bloomberg News |
September 8, 2011, Thursday
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Print Edition
Print Edition
BOEING Co has raised its 20-year forecast for commercial-aircraft demand in China by 15 percent as rising wages spur travel in the world's fastest-growing aviation market.
The country will need 5,000 new planes worth US$600 billion through 2030, according to an annual forecast the firm released yesterday in Beijing. Last year, it said China would need 4,330 new planes worth US$480 billion over 20 years. Small and medium twin-aisle planes will make up more than 40 percent of the total, it said. China's commercial fleet will more than triple to 5,930 planes in the period, Boeing said.
The country will need 5,000 new planes worth US$600 billion through 2030, according to an annual forecast the firm released yesterday in Beijing. Last year, it said China would need 4,330 new planes worth US$480 billion over 20 years. Small and medium twin-aisle planes will make up more than 40 percent of the total, it said. China's commercial fleet will more than triple to 5,930 planes in the period, Boeing said.
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