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

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According to Boeing:

Altogether, the Chicago manufacturer expects the Asian country to purchase 3,710 planes before 2028. By then, China’s passenger and cargo growth is likely to triple the country’s total fleet number to 4,650 airplanes, about as many planes as there are in Europe today.
“China will continue to be the fastest-growing aviation center in the world, requiring 41% of the entire Asia-Pacific region airplane demand,” said Randy Tinseth, Boeing commercial airplanes vice president of marketing, in a statement. “This makes China the largest market outside of the U.S. for new commercial airplanes.”

Wow. Hat tip to World Trade Magazine.

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