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COMAC Sees Need For 3,750 Jumbo Jets
Source: Xinhua |
November 17, 2010, Wednesday
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Print Edition
Print Edition
CHINA will need more than 3,750 jumbo jets to meet market demand by 2029, Commercial Aircraft Corp of China (COMAC) predicted in a report yesterday.
Over the next 20 years, air passenger volume in China will be the fastest growing in the world, expanding at an annual 7.7 percent against a global average of 5.2 percent, the report said.
COMAC released the report at the China International Aviation and Aerospace Exhibition that began yesterday in Zhuhai in Guangdong Province.
The new demand for aircraft in China by 2029 will total more than US$450 billion, or 13 percent of the world total.
The report is COMAC's first on China's and the world's civil aviation markets. COMAC said it will release the report annually in the future.
Over the next 20 years, air passenger volume in China will be the fastest growing in the world, expanding at an annual 7.7 percent against a global average of 5.2 percent, the report said.
COMAC released the report at the China International Aviation and Aerospace Exhibition that began yesterday in Zhuhai in Guangdong Province.
The new demand for aircraft in China by 2029 will total more than US$450 billion, or 13 percent of the world total.
The report is COMAC's first on China's and the world's civil aviation markets. COMAC said it will release the report annually in the future.
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