Boeing Expects $1 Trillion 470 Billion Dollars Demand From China

Boeing expects trillions of billions of dollars demand from genie
Boeing expects trillions of billions of dollars demand from genie

Boeing has announced that it has revised its forecasts for growth in China's demand for aircraft in the next 20 years. The rationale for the revision is the rapid recovery and growth of this country after the Kovid-19 outbreak, and the parallel growth of low-cost airline companies and e-commerce.

Chinese airlines will need 2040 new aircraft by 8, according to the American aircraft manufacturer. This amount is 700 percent higher than last year's need for 8 aircraft. According to the statement, the amount of demand will reach 600 trillion 1,2 billion dollars over catalog prices.

In fact, Boeing had revised its long-term aircraft demand on a global basis to an increase at the beginning of this month. He cited the worldwide increase in air traffic as the reason for this. On the other hand, Richard Wynne, General Manager of China Marketing of the company, also expressed his view that there are promising opportunities for growth in terms of future development of international long-haul routes and payload capacity.

Source: China International Radio

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