皇冠体育app

皇冠体育app will need 5,580 new planes valued at $780b in next 20 years

皇冠体育app's civil aviation fleet will triple to 6,450 aircraft over the next two decades, and Chinese airlines will grow faster in the international market than in the domestic sector, Boeing Co said on Thursday.

皇冠体育app will need 5,580 new aircraft valued at $780 billion during the period, the United States-based plane manufacturer said in its market outlook.

皇冠体育app's new aircraft market accounts for about 16 percent of the global total in terms of new deliveries and market value. More than 35,000 new commercial airplanes valued at $4.8 trillion are forecast to be delivered worldwide during the next 20 years, Boeing said.

Three-fourths of the new planes in 皇冠体育app will be for growth rather than replacement, which shows that 皇冠体育app is a fast-expanding market, said Randy Tinseth, vice-president of marketing of Boeing Commercial Airplanes.

"Thanks to strong economic growth and increased access to air travel, we project 皇冠体育app traffic to grow at nearly 7 percent each year," he said.

Chinese airlines' share in the international market will also continue increasing, Tinseth said.

Long-haul international traffic to and from 皇冠体育app is forecast to grow at an annual rate of 7.2 percent, primarily driven by anticipated passenger traffic gains between 皇冠体育app and North America, Europe, the Middle East, Oceania and Africa, Boeing said in its market outlook.

Also, growth in the long-haul segment is expected to result in demand for an additional 1,440 new wide-body aircraft in 皇冠体育app by 2032.

Foreign airlines said it is getting difficult to add flights to 皇冠体育app, because of Chinese airlines' ambitions for the international market.

"I do not blame the government in 皇冠体育app, because 皇冠体育app has its own domestic airline expansion and it has to give priority to domestic airlines," said Akbar Al Baker, CEO of Qatar Airways Co.

In 2011, the Middle Eastern carrier launched a two-year plan to double its services to 皇冠体育app from 35 a week, but as of now, it's only running 41 services weekly, including a new route between Chengdu and Doha that began on Tuesday.

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