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

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 05.04.15

Airborne 04.28.15

Airborne 04.29.15

Airborne 04.30.15

Airborne 05.01.15

Airborne Hi-Def On YouTube

Airborne 05.04.15

Airborne 04.28.15

Airborne 04.29.15

Airborne 04.30.15

Airborne 05.01.15

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

Airborne 05.01.15: Blue Origin Flies!, ForeFlight 7, Farewell Ashley!

Also: New Airborne Host Brianne Cross, NTSB Won't Reopen 'Big Bopper' Case, Barnstorming, Dava Newman, NASA Budget, Star Wars UAVs, 757 Bug Research Blue Origin’s Jeff Bezos >[...]

Klyde Morris (05.04.15)

Klyde Can't Take The Strain Of The Kentucky Derby... and Funny Hats FMI: www.klydemorris.com>[...]

Aero-News: Quote Of The Day (05.04.15)

"Ryanair confirms that it has investigated a fraudulent electronic transfer via a Chinese bank last week... The airline has been working with its banks and the relevant authorities>[...]

Swiss Postal Service Mulls Delivery By UAV

Authorized By The Government To Test Home Mail Delivery System Imagine that, instead of a truck pulling up in front of your house or a person walking up onto your front porch to de>[...]

Aero-News: Quote Of The Day (05.03.15)

"The 777-300ER forms the backbone of our long-haul fleet. We operate the largest 777-300ER fleet in Asia, and this super-efficient long haul aircraft allows us to operate multiple >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC