Airbus released the latest global market forecast. By 2042, the Chinese market will need more than 9,440 new passenger and cargo aircraft, accounting for 23% of the total global demand for new aircraft during the same period. According to statistics from the Civil Aviation Administration, by the end of 2022, the number of transport aircraft in the civil aviation industry at the end of the period was 4,165. The Chinese market is the largest single country market for Airbus in the world, and the demand for air travel is still growing steadily. Airbus predicts that in the next 20 years, the average annual growth rate of air passenger traffic in the Chinese market will reach 5.2%. By 2042, the number of flights per capita in the Chinese market will increase from 0.5 (2019 data) to 1.7.
(Article source: Financial Associated Press)
Article source: Financial Associated Press
Original title: Airbus: The Chinese market will need more than 9,440 new aircraft by 2042
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2023-07-27 14:19:47
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