China Needs 2,467 New Commercial Jets in Next 20 Yrs
China will need to acquire 2,467 new commercial jets in the next 20 years, with the domestic fleet seen at 2,810 commercial jets and 3,731 commercial aircraft by the end of 2026, China Aviation Industry Corp I (AVIC I), the country’s biggest aircraft maker, said.
It forecast passenger turnover in China to increase by 8.4 pct annually over the next 20 years to 1.2 trln passenger-kilometers by 2026, about five times the level in 2006.
Cargo turnover will grow even more rapidly during the period at 10.5 pct a year to 69 bln ton-kilometers, the company said.
No tag for this post.