Manufacturing Industry
Boeing Projects $197 Billion Market for New Airplanes in China.
Advanced Materials & Composites News, September, 2003
September 16, 2003 - The Boeing Company detailed its 2003 Current Market Outlook (CMO) for the People's Republic of China today, forecasting a requirement in China for nearly 2,400 new jet airplanes worth $197 billion over the next 20 years. China's airlines will add 1,960 new airplanes to serve domestic markets including Hong Kong and Macau.
Nearly 440 new airplanes will be added by China's airlines to provide international service. Regional jets and single-aisle airplanes will account for 87 percent of the airplanes delivered to serve the domestic market. More than 560 intermediate-size, twin-aisle airplanes will be delivered to serve both domestic and international markets. By 2022, Chinese carriers will be flying more than 2,850 passenger and cargo...
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