Tuesday, August 25, 2015

NEWS Boeing predicts $1tn Chinese aviation market by 2035

Boeing, China’s leading provider of commercial airplanes, has projected a demand in the country for 6,330 new airplanes over the next 20 years. Boeing released its annual China Current Market Outlook in Beijing, estimating the total value of those new airplanes 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,” said Randy Tinseth, vice president of marketing, Boeing Commercial Airplanes.

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