China to need more than 6,000 new planes by 2033: Boeing
Published on Sep 4, 2014 6:05 PM
BEIJING (AFP) - China will need more than 6,000 new aircraft over the next 20 years, US manufacturer Boeing forecast Thursday - an increase of almost 500 on its equivalent prediction last year.
Flight demand in the world's most populous country and second-largest economy is increasing and diversifying, Boeing said in its new Current Market Outlook for the country.
Chinese new aircraft demand will reach 6,020 planes worth US$870 billion (S$1.08 trillion) during the 2014-2033 period, it said, compared to last year's 20-year demand forecast of 5,580 planes.
Underscoring the dramatic increase in passenger demand, Boeing said that a total of 6,930 passenger aircraft will be plying China's skies in 2033, three times the current 2,310.
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