Tourexpi
"China's commercial
aviation market for passengers and cargo continues to expand, driven by
economic growth and airlines building their in-country networks,"
said Darren Hulst, Boeing vice president of Commercial Marketing. "As
this forecast shows, China's airlines will see strong demand,
requiring further growth of their modern fuel-efficient fleets."
China's commercial
fleet will grow 4.1% annually, from 4,345 to 9,740 airplanes by 2043, and its
annual passenger traffic growth of 5.9% will exceed the global average of 4.7%,
according to the CMO. Passenger volumes will receive a boost as airlines grow their
networks by connecting major hubs to smaller cities.
The
China CMO forecast through 2043 also predicts:
·
Air travel in China is
forecast to become the world's largest traffic flow, driving growth in the
single-aisle fleet, which accounts for more than three-quarters of deliveries.
·
China will have the world's
largest widebody fleet, with demand for 1,575 new widebody airplanes.
·
China's freighter fleet –
including dedicated and converted models – will nearly triple with demand
stimulated by its booming e-commerce sector.
Additional
aviation industry growth potential:
Chinese
carriers will need aviation services worth $780 billion to support
the growing fleet, including digital solutions, maintenance and modifications.
Its
airline industry will need to hire and train nearly 430,000 new personnel to
support new pilots, maintenance technicians and cabin crew.
New
deliveries (2024-2043) |
|
Regional |
365 |
Single
Aisle |
6,720 |
Widebody |
1,575 |
Freighter |
170 |
Total |
8,830 |
For
more than 50 years, Boeing airplanes have been the mainstay of China's civil
aviation passenger and cargo transportation systems.
Boeing
is the largest customer of China's aviation manufacturing industry
with more than 10,000 Boeing airplanes flying with China-made parts.
Boeing activity in China contributes more than $1.5 billion annually
in direct support of China's economy, including suppliers, joint
ventures, operations, training, and research and development investment.
As
a leading global aerospace company, Boeing develops, manufactures and services
commercial airplanes, and other products and systems for customers in more than
150 countries. As a top U.S. exporter, the company leverages the talents of a
global supplier base to advance economic opportunity, sustainability and
community impact. Boeing's diverse team is committed to innovating for the
future, leading with sustainability, and cultivating a culture based on the
company's core values of safety, quality and integrity. Join our team and find
your purpose at boeing.com/careers.
Image
Credit: © AA
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