Domestic rebound: Travellers stand at China Southern Airlines Co check-in counters at Beijing Daxing International Airport in Beijing. China’s domestic aviation market has rebounded to pre-Covid levels but as international travel remains effectively shut down, Chinese airlines have been pushing back deliveries. — Bloomberg
BEIJING: Boeing Co on Thursday raised its rolling forecast for China’s aircraft demand for the next 20 years, making the country a bright spot in the aviation market even as Covid-19 decimates global deliveries over the next few years.
Chinese airlines will need 8,600 new airplanes through 2039,6.3% higher than Boeing’s previous prediction of 8,090 planes last year. Those would be worth US$1.4 trillion based on list prices, the US planemaker said in a statement.
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