Boeing has forecast that China will more than
double its commercial airplane fleet by 2043 as its aviation
industry expands and modernizes to meet growing demand for
passenger and cargo air travel.
According to Boeing’s Commercial Market Outlook
(CMO), China’s commercial fleet will grow 4.1% annually, from
4,345 to 9,740 airplanes by 2043, and its annual passenger traffic
growth of 5.9% will exceed the global average of 4.7%.
Passenger volumes will receive a boost as airlines
grow their networks by connecting major hubs to smaller cities.
Boeing’s CMO also forecasts that through 2043:
– Air travel in China will become the world’s
largest traffic flow, driving growth in the single-aisle fleet,
which accounts for more than three-quarters of deliveries;
– China will have the world’s largest widebody
fleet, with demand for 1,575 new widebody airplanes; and
– China’s freighter fleet, including dedicated and
conversions, will nearly triple with demand stimulated by its
booming e-commerce sector.
The CMO also states that:
– Chinese carriers will need aviation services
worth $780 billion to support the growing fleet, including digital
solutions, maintenance and modifications; and
– China’s airline industry will need to hire and
train nearly 430,000 new personnel to support new pilots,
maintenance technicians and cabin crew.
“China’s commercial aviation market for passengers
and cargo continues to expand, driven by economic growth and
airlines building their in-country networks,” said Darren Hulst,
Boeing vice president of Commercial Marketing. “As this forecast
shows, China’s airlines will see strong demand, requiring further
growth of their modern fuel-efficient fleets.”
Regional: 365
Single Aisle: 6,720
Widebody:
1,575
Freighter: 170
Total: 8,830
Boeing is one of the largest customers of China’s aviation
manufacturing industry with more than 10,000 Boeing airplanes
flying with China-made parts.
