China to account for 20 per cent of world’s aircraft demand over next two decades – Business Traveller
Boeing has published its latest forecast for commercial aircraft demand in China, with a total of 8,560 aircraft set to be delivered to the country between now and 2042.
The manufacturer said that the 20-year demand was being driven by China’s fast-growing domestic air travel, as well as “economic growth well above the global average”.
The figure means that China will account for 20 per cent of all commercial aircraft deliveries over the next two decades.
Fleet growth is set to drive two thirds of deliveries over the period, with the country’s airlines set to double their fleets to nearly 9,600 jets over the next 20 years.
Single aisle aircraft will make up the bulk of the deliveries, with China set to welcome 6,470 new single aisle planes between now and 2042. The rest of the forecasted...