Boeing Raises Outlook For Airplane Demand In China | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 10.19.17

Airborne 10.16.17

Airborne 10.17.17

Airborne 10.18.17

Airborne 10.19.17

Airborne 10.20.17

Airborne-Unmanned 10.17.17

Airborne-YouTube

AMA 10.19.17

Airborne 10.16.17

Airborne 10.17.17

Airborne 10.18.17

Airborne 10.19.17

Airborne 10.20.17

Airborne-Unmanned 10.17.17

NEW!!! 2017 AirVenture Innovation Preview -- YouTube Presentation / Vimeo Presentation

Fri, Nov 05, 2010

Boeing Raises Outlook For Airplane Demand In China

Plane Maker Projects $480 Billion Market For New Airplanes In China

Boeing recently forecast that China will require 4,330 new commercial airplanes valued at $480 billion over the next 20 years, with the bulk of new deliveries expected to be for fuel-efficient, single-aisle airplanes. Over the forecast period, China will triple in airplane fleet size, making it the largest airplane market outside of the U.S.

"China is one of the world's fastest growing and dynamic aviation markets, driven by the urbanization of China, the growth of its economy and ever-increasing personal wealth," said Randy Tinseth, vice president of Marketing, Boeing Commercial Airplanes, who released Boeing's 2010 China market outlook Wednesday in Beijing. "We expect domestic passenger traffic for China to grow at a rate of 7.9 percent on average."

Boeing forecasts that 71 percent of China's demand will be for single-aisle airplanes, with total deliveries reaching 3,090.

Boeing continues to make improvements to the 737 in terms of fuel efficiency, passenger experience and environmental performance, Tinseth said. The Next-Generation 737-900ER (extended range) is the newest addition to Boeing's single-aisle family of airplanes.


B737-900ER File Photo

Intermediate twin-aisles such as the Boeing 787 Dreamliner and 777 will see approximately 890 airplane deliveries. When combined, the single-aisle and intermediate twin-aisle market will make up 92 percent of China's total delivery dollars. Demand also will include a limited number of large airplanes (747-size and larger) to connect China with other major world destinations. The market forecast calls for about 70 airplanes in that category.

With China's cargo markets leading the global industry, Chinese air carriers will add about 330 freighter airplanes by 2029. China's total fleet of freighter airplanes will more than triple in size. 

FMI: www.boeing.com

Advertisement

More News

RFP: ANN Seeking New Site/Facility For Major Studio Upgrade

It's Official: Aggressive Upgrades For New Airborne Programs WILL Require New Digs It's been in development for years, but we're getting to a point where we think we can pull off s>[...]

Airborne-Unmanned 10.17.17: Eagles v Drones, DJI AeroScope, Drone Policy

Also: AeroVironment Award, Washington State Patrol, Altavian Nova UAS, Robotaxis The French Military is training four Golden Eagles to attack drones in flight as a way to defend ag>[...]

Airborne 10.19.17: 200th TBM 900-Series, MooneyShares, E-AB Accident Stats

Also: Supersonic Test, Kobe Steel, Sullenberger Awarded, A-29 Super Tucanos, Textron, 109th AW CDR Daher recently rolled out its 200th TBM 900-series very fast turboprop aircraft s>[...]

Airborne 10.19.17: 200th TBM 900-Series, MooneyShares, E-AB Accident Stats

Also: Supersonic Test, Kobe Steel, Sullenberger Awarded, A-29 Super Tucanos, Textron, 109th AW CDR Daher recently rolled out its 200th TBM 900-series very fast turboprop aircraft s>[...]

Airborne 10.18.17: Airbus C Series Deal, Red Bull!, Drone v Airline

Also: Glasair 2 And 3 Sold, Send Solutions, Blue Angels, SSBJ, D8 Airliner, Stage 5 Aircraft, Global Supertanker Airbus SE and Bombardier are to become partners on the C Series air>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC