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November 24, 2017

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Demand grows for passenger jets

CHINA will need 6,103 more passenger aircraft over the next 20 years, the Aviation Industry Corporation of China said yesterday.

According to the “China Civil Market Outlook for Civil Aircraft (2017-2036)” report, by the end of 2036 the number of passenger aircraft for civil aviation transport will reach 7,079, including 6,065 large and medium jumbo jets and 1,014 regional aircraft.

In the same period, China’s cargo fleet in the civil aviation market will reach 748.

Stable growth in China’s economy, tourism, urbanization and the upgrading of consumption are major factors increasing demand for aircraft, the report said.

Over the next 20 years, the ratio of wide-body passenger aircraft in the civil fleet will increase due to trade accelerated by the Belt and Road initiative.

Robust growth in international travel will also encourage airlines to purchase more wide-body aircraft.

In 2016, aviation passenger and cargo traffic volumes reached 488 million people and 6.68 million tons respectively, rising 11.9 percent and 6.2 percent year on year.

By the end of 2016, China’s civil aviation fleet reached 2,950 aircraft, including 2,818 passenger aircraft and 132 cargo freighters.

AVIC manufactures the country’s turbo-engine MA60 regional aircraft, which has transported more than 10 million passengers around the world on about 300 routes.

On May 5, China’s first domestic large passenger aircraft C919 conducted its maiden flight. The Commercial Aircraft Corporation of China has received 730 orders from 27 customers worldwide so far.


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