China’s do­mes­tic air traf­fic to be­come world’s largest

China Daily (Canada) - - NEWS CAPSULE -

China’s do­mes­tic air traf­fic will be­come the world’s largest within 10 years, ac­cord­ing to a global mar­ket fore­cast from Air­bus.

Pas­sen­ger traf­fic will grow at an av­er­age 4.5 per­cent a year over the next two decades, driv­ing a need for over 33,000 new air­craft of more than 100 seats, Air­bus fore­cast.

By 2035, the global air­craft fleet will dou­ble to al­most 40,000 air­craft from the cur­rent 19,500. Some 13,000 pas­sen­ger and freighter air­craft will be re­placed with more fuel-ef­fi­cient types.

In the wide-body mar­ket, Air­bus fore­cast a trend to­ward higher-ca­pac­ity air­craft and fore­cast a need for over 9,500 wide-body pas­sen­ger and freighter air­craft over the next 20 years.

In the sin­gle aisle mar­ket, Air­bus pre­dicted a need for over 23,500 new air­craft worth $2.4 tril­lion. The Asia-Pa­cific re­gion will ac­count for 39 per­cent of these de­liv­er­ies.

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