Lates News

Airbus revealed in Beijing that the value of the Chinese aviation service market in 2025 will reach $24.8 billion, a year-on-year increase of 6.7%. The report states that the huge growth potential of the Chinese fleet is the main driving force behind the growth of the aviation service market. According to Airbus' global market forecast, by 2044 the in-service fleet in China will reach 10,620 aircraft, with 9,570 of them being newly delivered passenger and freight aircraft, accounting for 22% of global demand at that time. (21st Century Business Herald)