Skip to main content

Advertisement

Advertisement

Business

China will buy 8,700 new planes over next 20 years: Boeing

China will buy 8,700 new planes over next 20 years: Boeing

Boeing aircraft models are seen at the second China International Import Expo (CIIE) in Shanghai on Nov 6, 2019. (File photo: Reuters/Aly Song)

BEIJING: Chinese airlines are likely to buy 8,700 planes worth US$1.47 trillion over the next 20 years, Boeing said on Thursday (Sep 23).

The American planemaker's latest estimate for the period to 2040 is 1.2 per cent higher than its previous prediction of 8,600 planes last year.

China will also need nearly US$1.8 trillion worth of commercial services for its aircraft fleet, Boeing said.

Source: Reuters/kg

Advertisement

Also worth reading

Advertisement