Stock Market News
Boeing says China will need 8,560 new planes over next 20 years
2023.09.19 22:10
© Reuters. FILE PHOTO: The Boeing logo is seen on the side of a Boeing 737 MAX at the Farnborough International Airshow, in Farnborough, Britain, July 20, 2022. REUTERS/Peter Cziborra
SHANGHAI (Reuters) – U.S. planemaker Boeing (NYSE:) said on Wednesday that it expects China to need 8,560 new commercial planes through 2042, driven by economic growth and increasing demand for domestic travel.
That compares with its previous 20-year forecast last year when it said Chinese airlines will need to buy 8,485 aircraft.
