Chinese airlines will need 8,600 new airplanes worth $1.4 trillion over the next 20 years, Boeing Co said on Thursday.
Boeing’s latest estimate for the period to 2039 is 6.3 per cent higher than the U.S. planemaker’s previous prediction of 8,090 planes last year, despite the impact from the COVID-19 pandemic.
China will also need $1.7 trillion worth of commercial services for its aircraft fleet, Boeing said.
Your time is valuable. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening. Sign up today.