Airbus: China's aviation service market will be worth $24.8 billion by 2025.
Airbus revealed in Beijing that by 2025, the value of the aviation service market in China will reach 248 billion US dollars, an increase of 6.7% compared to the previous year. The report stated that the huge growth potential of the Chinese fleet is the main driver of growth in the aviation service market. According to Airbus's global market forecast, by 2044, the number of aircraft in service in China will reach 10,620, with 9,570 of them being newly delivered passenger and cargo planes, accounting for 22% of the total global demand at that time.
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