China – Fastest growing market for commercial aircraft?

November 2, 2006 by SwizStick  
Filed under Air Cargo, Airlines

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The world’s major aircraft makers are in China for its biggest air show. Boeing, Airbus and companies from 18 other countries including Russia and Brazil are displaying aircraft, radar equipment and other technology at the five-day show in Zhuhai.

China is expected to be the fastest- growing market for commercial aircraft over the next two decades. Boeing said last week that it expected carriers to purchase 2,900 new planes worth $280 billion in that time. (A later story pushed the number up to 3,000 which is a slight increase on a lot of aircraft.)

Via China Logistics News. Emphasis ours.

China to dominate aircraft demand in Asia-Pacific for years to come

Airbus eyeing low cost carriers in Asia

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Airbus report claims China will need 3,000 aircraft