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China’s airlines will need 8,700 new planes in next 20 years, Boeing says, costing US$1.47 trillion

Summary:
[unable to retrieve full-text content]Boeing raised its forecast slightly on Thursday for China’s aircraft demand for the next 20 years, betting on the country’s quick rebound from the coronavirus and future growth in its budget airline sector and e-commerce.Chinese airlines will need 8,700 new planes through 2040, 1.2 per cent higher than its previous prediction of 8,600 planes made last year.Those planes would be worth US.47 trillion based on list prices, the US plane maker said in a statement.The 1.2 per cent increase…

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[unable to retrieve full-text content]
Boeing raised its forecast slightly on Thursday for China’s aircraft demand for the next 20 years, betting on the country’s quick rebound from the coronavirus and future growth in its budget airline sector and e-commerce.Chinese airlines will need 8,700 new planes through 2040, 1.2 per cent higher than its previous prediction of 8,600 planes made last year.Those planes would be worth US$1.47 trillion based on list prices, the US plane maker said in a statement.The 1.2 per cent increase…
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