China will need 1,790 aircraft - claim

Airline Industry Information, March 9, 2005

AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD

European aircraft manufacturer Airbus has forecast that China will need 1,790 passenger and cargo aircraft over the next two decades.

China is expected to have the fastest-growing demand for passenger jets over the next 20 years and to become the world's No. 2 market after the US, said Airbus' vice president for market forecasts.

Airbus also estimated that over the next 10 years China's passenger traffic will rise by 9.1% annually, while its freight traffic will increase by 9.0%.

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