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Boeing: China airplane market’s development will be the fastest over the next 20 years Print  

China will need 3710 new airplanes over the next 20 years, which will cost US$390 billion, and will develop faster than any other in the world,   said the Boeing Company in its 2008 Current Market Outlook on China, released on October 29.

     The vice president of sales and marketing for Boeing Commercial Airplane Group said,  the growth of China’s air travel market and air freight market will be able to raise  the amount and range of airplanes more than 3 times,  and by the year of 2027, China’s air market will reach to 4560 airplanes – what is equal to the amount of airplanes in Europe nowadays.  China’s airplane needs occupies 41% on the whole Asian-pacific region air market, and soon will be the largest outside the United States.

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