50 SKY SHADES - World aviation news

Boeing raises China 20-year aircraft demand

Download: Printable PDF Date: 25 Aug 2015 02:59 category:
Boeing raises China 20-year aircraft demand - Manufacturer publisher
Tatjana Obrazcova
Source: Reuters

Boeing Co (BA.N) on Tuesday raised its forecast for China's aircraft demand over the next 20 years despite a slowing economy and a tumbling stock market that have triggered a worldwide slide in equity and commodity prices.

The U.S. plane maker expects China will purchase 6,330 aircraft over the next 20 years, a 5 percent rise from last year's two-decade estimate. Boeing currently values the aircraft demand at $950 billion.

"Despite the current volatility in China's financial market, we see strong growth in the country's aviation sector over the long term," Randy Tinseth, vice president of marketing at Boeing Commercial Airplanes, said in a statement ahead of a media briefing in Beijing.

Boeing estimates that China's commercial airplane fleet will nearly triple over the next 20 years, from 2570 aircraft in 2014 to 7,210 aircraft in 2034.

Loading comments for Boeing raises China 20-year aircraft demand...


Hahn Air introduces NDC platform and issues first NDC ticket

Hahn Air, unveiled its new NDC platform. The company is extending its suite of products for partner airlines and travel agencies with a solution powered by IATA’s New Distribution Capability (ND...

A new way of how drones are used - HEISHA launches new pilot free VTOL fixed wing

HEISHA has recently launched the new unattended system. D.NEST F300, combined the auto-charging station C300 with VTOL fixed wing is available for sale. It's expected to revolutionize the way...

Get ready to MEBAA Show Morocco!

Are you ready for the biggest business aviation event in Morocco? if not yet, take a look at what'up at MEBAA Show Morocco and book your ticket to attend! Let's meet 25-26 September at Marrakech Me...

Project Sunrise - direct New York & London to Australia

Qantas has announced three ultra long-haul research flights to gather new data about inflight passenger and crew health and wellbeing. The flights form part of planning for Project Sunrise –...