Aircraft
Boeing Says China To Become First Trillion-dollar Market
Market outlook projects demand nearly 7,000 airplanes over the next two decades
Boeing expects the Chinese widebody fleet to triple in size over the next 20 years. (Photo: Flickr: Creative Commons (BY-SA) by InSapphoWeTrust)
Boeing expects the Chinese widebody fleet to triple in size over the next 20 years. (Photo: Flickr: Creative Commons (BY-SA) by InSapphoWeTrust)

Boeing projects a demand for 6,810 new airliners in China over the next 20 years, making it the first trillion-dollar aviation market by the airframer’s reckoning. Boeing released its annual China Current Market Outlook (CMO) on Tuesday in Beijing, estimating the total value of the new airplanes at $1.025 trillion.