Boeing raises Chinese new aircraft forecast

Boeing has increased its forecast for the number of new aircraft that China will need over the next 20 years.
The airframer has predicted that in total, China will need 7,240 new aircraft to be delivered by 2036 if it is to meet demand growth projections. This is a 6.3% increase on its previous forecast.
Of those aircraft, 180 of them will need to be widebody freighters with a value of $60bn.
Boeing Commercial Airplanes vice president of marketing Randy Tinseth said: "China’s continuous economic growth, significant investment in infrastructure, growing middle-class and evolving airline business models support this long-term outlook.
"China’s fleet size is expected to grow at a pace well above the world average, and almost 20% of global new airplane demand will be from airlines based in China."
While the country will increase the number of new widebody freighters it has, there is also expected to be huge demand for converted freighters to meet the rise in e-commerce and domestic demand.

Share this story

Related Topics

Latest airlines news

K-Mile Asia to provide freighter flights for SF

By Damian Brett

Bangkok-based K-Mile Asia will provide charter flights between Thailand and China on behalf of express giant SF Express. The carrier…

Read More

Share this story

Avianca Cargo adds three service levels

By Damian Brett

Avianca Cargo has launched three service levels based on the speed of service required. The Latin American carrier’s three new…

Read More

Share this story

Air cargo rates continue to decline in November

By Damian Brett

Air cargo pricing on some of the world’s major trade lanes continued to decline in November, bucking usual seasonal trends….

Read More

Share this story