Boeing sees big expansion in long-haul air market
Firm says nation may become first $1 trillion plus aviation market
Boeing Co said on Tuesday that China is now the most dynamic market for international flights, and it is very positive about the outlook for the growth of China's long-haul market, due to strong domestic and overseas travel demand, and a rising middle class.
The plane manufacturer lifted its forecast for China, and said the nation is likely to become the first country with an aviation market exceeding $1 trillion in the next two decades. Chinese airlines are estimated to purchase 6,810 airplanes valued at $1.025 trillion in the next 20 years.
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