Boeing forecast: China air travel market set to be largest by 2043
3 months, 3 weeks ago

Boeing forecast: China air travel market set to be largest by 2043

China Daily  

A Boeing aircraft model on display during an expo in Shanghai. China's domestic air travel market will surpass that of the United States to become the world's largest by 2043. As China's economy and air traffic continue to grow, its commercial fleet size will grow by 4.1 percent annually over the next two decades to 9,740 jets by 2043, and more than half of the new deliveries will be used to meet growing demand, according to Boeing's latest Commercial Market Outlook. China's fundamentals for sustained development of its air travel market remain robust, supported by a current population of 1.4 billion, and more than 200 million middle-income families by 2043, Boeing said. "China's economy has recovered from the COVID-19 pandemic and grown steadily, including growth in personal consumption and industrial production," said Darren Hulst, Boeing's vice-president of commercial marketing.

Market Demand C919 Forecast China Boeing Air 2043 Commercial Fleet  2043  growth  travel  size  commercial  fleet  market  demand  forecast  china  set  boeing  air  largest

History of this topic

China's homegrown C919 aircraft carries 1 mln passengers
4 days, 13 hours ago

China's homegrown C919 aircraft carries 1 mln passengers

China Daily  

SHANGHAI -- China's domestically developed large passenger aircraft, the C919, reached the milestone of having carried 1 million passengers on Thursday, said China Eastern Airlines. The 1 millionth passenger on the C919 was on flight MU 2158 from Shanghai to Xi'an, Northwest China's Shaanxi province, on Thursday, operated by China Eastern Airlines. The first C919 large passenger aircraft was delivered …

China's air-passenger transport hits record high in 2024
1 week ago

China's air-passenger transport hits record high in 2024

China Daily  

BEIJING -- Chinese airlines have recorded over 700 million passenger trips so far this year, marking a record high in the history of China's civil aviation development, according to the Civil Aviation Administration of China on Monday. As of Sunday, the country's airlines reported a total of 700.48 million passenger trips since the start of the year, CAAC data showed. …

Qatar Airways flying high in China market
3 weeks, 5 days ago

Qatar Airways flying high in China market

China Daily  

Qatar Airways flying high in China market By ZHU WENQIAN China Daily Updated: Nov 28, 2024 A Qatar Airways aircraft lands at Shanghai Pudong International Airport in May. CHINA DAILY Doha-based Qatar Airways said Chinese travelers continue to exhibit strong demand for international travel, which contributed to its revenue growth, and the carrier is bullish on its growth potential in …

COMAC's C919 aircraft set to enter period of rapid growth
3 months, 3 weeks ago

COMAC's C919 aircraft set to enter period of rapid growth

China Daily  

A view of the delivery ceremony for the C919 at the manufacturing center of Commercial Aircraft Corp of China Ltd in Shanghai on Wednesday. TAO RAN/FOR CHINA DAILY China's first domestically developed single-aisle aircraft, the C919, has achieved a new operating milestone after it was delivered to Air China and China Southern Airlines on Wednesday. The two State-owned carriers received …

Air China and China Southern Airlines welcome first C919 jets
3 months, 3 weeks ago

Air China and China Southern Airlines welcome first C919 jets

China Daily  

Two C919 aircraft are ready to be delivered to Air China and China Southern Airlines at COMAC's manufacturing base in Shanghai on Wednesday. State-owned carriers Air China and China Southern Airlines received their first C919 jets simultaneously on Wednesday evening in Shanghai, indicating the beginning of a new phase of operation of the C919 planes by multiple airlines. Air China's …

Three Chinese companies make top 10 on 2024 Fortune Global 500 list
4 months, 2 weeks ago

Three Chinese companies make top 10 on 2024 Fortune Global 500 list

China Daily  

A logo of State Grid is seen in Beijing. China's State Grid sits at third place with a revenue of $545.95 billion in 2023 on this year's Fortune Global 500 list, Fortune China reported on Monday. With high revenues, two Chinese companies, Sinopec Group and China National Petroleum Corp, took the fifth and sixth spots on the list, respectively, marking …

Airbus expects China, India to drive jet sales in next two decades
5 months, 1 week ago

Airbus expects China, India to drive jet sales in next two decades

Business Standard  

About 45 per cent of all new plane deliveries will be to replace older, less fuel efficient aircraft, according to the forecast. Image: Bloomberg By Kate Duffy and Siddharth Philip Airbus SE predicted China and India will be key growth drivers for the aviation industry in the next two decades as the planemaker expects the global commercial fleet will double …

Big economy express-delivered in over 100 billion packages
10 months, 4 weeks ago

Big economy express-delivered in over 100 billion packages

China Daily  

Workers unload freight for SF Express at Xingdong Airport, Nantong, Jiangsu province. China's express delivery industry saw a robust growth in 2023, with express courier firms nationwide handling 132.07 billion parcels, an increase of 19.4 percent year-on-year, and ranking first in the world for the 10th consecutive year, as shown by data recently released by the State Post Bureau. It …

China-made C919, ARJ21 passenger jets on display in Hong Kong
1 year ago

China-made C919, ARJ21 passenger jets on display in Hong Kong

Associated Press  

HONG KONG — Chinese aerospace company COMAC has showcased its domestically-developed C919 passenger jet in Hong Kong, giving officials and media a close-up look at the narrow-bodied aircraft. A welcome ceremony for the C919 and an ARJ21, another Chinese-made jet made by the state-owned Commercial Aircraft Corp of China, was held at the Hong Kong international airport on Wednesday, a …

China’s homegrown C919 aircraft arrives in Hong Kong in maiden flight outside the mainland
1 year ago

China’s homegrown C919 aircraft arrives in Hong Kong in maiden flight outside the mainland

Associated Press  

HONG KONG — A Chinese C919 jet arrived in Hong Kong on Tuesday in the Chinese-made plane’s first foray outside of mainland China as its manufacturer prepares to take on Airbus and Boeing in the market for single-aisle commercial aircraft. The C919 is due to perform a fly-past over the city’s scenic Victoria Harbor on Saturday, giving people on the …

Airbus forecast flies higher with demand
1 year, 4 months ago

Airbus forecast flies higher with demand

China Daily  

An aircraft is assembled at the Airbus manufacturing plant for passenger jets in Tianjin in June. QILAI SHEN/BLOOMBERG/GETTY IMAGES European aircraft manufacturer Airbus has again raised its forecast for aircraft demand in China, saying that over the next 20 years, Chinese carriers are expected to acquire 9,440 new airplanes to meet expanding commercial air travel demand. In the next two …

Can China's homegrown passenger jet C919 challenge Airbus and Boeing?
1 year, 6 months ago

Can China's homegrown passenger jet C919 challenge Airbus and Boeing?

Firstpost  

China’s first large indigenous passenger jet made its inaugural commercial flight on Sunday from Shanghai to Beijing. With this, the Asian nation is aiming to challenge foreign models like the Boeing 737 MAX and the Airbus A320 China’s first large domestically produced passenger jet took its maiden commercial flight on Sunday. Dubbed China Eastern Airlines flight MU9191, the C919 plane …

China jet to rival Airbus, Boeing makes first commercial flight
1 year, 6 months ago

China jet to rival Airbus, Boeing makes first commercial flight

Live Mint  

A made-in-China aircraft to rival Boeing Co. and Airbus SE underwent its maiden commercial flight on Sunday, almost six months after being delivered to China Eastern Airlines Corp. Both Airbus’s A320neo family and Boeing’s 737 Max jets have a full order book through to the end of the decade, meaning any carrier wanting narrow-body jets sooner may need to find …

China’s answer to Boeing and Airbus, the C919, takes first commercial flight
1 year, 6 months ago

China’s answer to Boeing and Airbus, the C919, takes first commercial flight

CNN  

CNN — China’s first large homegrown passenger jet made its inaugural commercial flight on Sunday, flying from Shanghai to Beijing, Chinese state news agency Xinhua reported. Flying as China Eastern Airlines flight MU9191, the new narrow-body C919 plane left Shanghai at 10:32 a.m. local time. It was welcomed with a water salute after it landed at the Beijing Capital International …

Why foreign enterprises double down on investment in China
2 years, 1 month ago

Why foreign enterprises double down on investment in China

China Daily  

Airbus' final assembly line in Tianjin. That requires even more investment," said Martin Kaufung, director and CFO of Flender Ltd China, adding that the China subsidiary has become Flender's largest gearbox manufacturing base outside Germany. "Flender has never wavered its confidence in the Chinese market or its resolve to take root in China," said Gou Jianhui, chairman and CEO of …

Why foreign enterprises double down on investment in China
2 years, 1 month ago

Why foreign enterprises double down on investment in China

China Daily  

Airbus' final assembly line in Tianjin. That requires even more investment," said Martin Kaufung, director and CFO of Flender Ltd China, adding that the China subsidiary has become Flender's largest gearbox manufacturing base outside Germany. "Flender has never wavered its confidence in the Chinese market or its resolve to take root in China," said Gou Jianhui, chairman and CEO of …

China Eastern crash is rare disaster for state-run airlines
2 years, 9 months ago

China Eastern crash is rare disaster for state-run airlines

Associated Press  

BEIJING — China is, along with North America and Europe, one of the world’s top three air travel markets. CHINA EASTERN AIRLINES CORP. China Eastern is, along with Air China, China Southern Airlines and HNA Group, one of four major carriers in China, all state-owned. CHINA’S AIRLINE INDUSTRY Carriers have suffered heavy financial losses as the government tries to eliminate …

Nation eyes full rebound of air travel
3 years, 11 months ago

Nation eyes full rebound of air travel

China Daily  

By ZHAO YIMENG and LUO WANGSHU| China Daily| Updated :2021-01-21 A view of the Airbus A320neo aircraft in Tianjin. The nation will step up measures to ensure efficient flight schedules for domestic and international airlines, upgrade China-US and China-Europe civil aviation cooperation and gradually loosen air travel policies in the special administrative regions of Hong Kong and Macao. Thanks to …

China on its own flight to beat America despite headwinds
4 years, 5 months ago

China on its own flight to beat America despite headwinds

India Today  

In the pre-Covid world, China was expected to cruise past rival America as the world's largest aviation market by the mid 2020s. In September, Beijing's new $11bn Daxing International Airport, the city's second, opened its doors to global travellers. A Chinese flag seen at the terminal hall of the new Daxing International Airport under construction during a government-organised media tour …

Discover Related