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Manufacturers expect strong demand from Chinese aviation

(Xinhua)

08:27, November 14, 2012

ZHUHAI, Nov. 13 (Xinhua) -- Chinese airlines will order 4,273 large passenger aircraft in the next 20 years, according to a report released here on Tuesday by a Chinese airplane manufacturer.

The Commercial Aircraft Corporation of China, Ltd (COMAC) said in its latest forecast on China's aviation market in the next two decades that China is expected to order 4,960 aircraft, including both small and large passenger aircraft worth more than 563 billion U.S. dollars, from 2012 to 2031.

In the same period, the global market will demand 31,739 aircraft with a total value of around 3.89 trillion U.S. dollars, according to the report, released at the ongoing China International Aviation & Aerospace Exhibition in Zhuhai of south China's Guangdong Province.


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