China to demand 6,103 new passenger aircraft over 20 years: AVIC

Updated 2017-11-23 23:02:12 Xinhua

China will need 6,103 more passenger aircraft over the next 20 years, according to a forecast released by the Aviation Industry Corporation of China (AVIC) Thursday.

The newly recruit passenger fleet will include 5,120 jumbo jets and 983 regional aircraft, according to the "China Civil Market Outlook for Civil Aircraft (2017-2036)" report.

By the end of 2036, the number of passenger aircraft for the country's civil aviation transport will reach 7,079, including 6,065 large-and-medium jumbo jets and 1,014 regional aircraft.

In the same period, China's cargo fleet in the civil aviation market will reach 748.

Stable growth in China's economy, tourism, urbanization and the upgrading of consumption are major factors increasing demand for aircraft, according to the report.

Over the next 20 years, the ratio of wide-body passenger aircraft in China's civil fleet will increase due to expanding trade accelerated by the Belt and Road Initiative.

Robust growth in international travel will also encourage airlines to purchase more wide-body aircraft.

The country's regional aviation market is also expected to see faster growth thanks to government support in building more airports.

In 2016, aviation passenger and cargo traffic volumes reached 488 million people and 6.68 million tonnes respectively, rising 11.9 percent and 6.2 percent year-on-year, respectively.

By the end of 2016, China's civil aviation fleet reached 2,950 aircraft, including 2,818 passenger aircraft and 132 cargo freighters. The net increase was 300 aircraft.

AVIC is the manufacturer of the country's turbo-engine MA60 regional aircraft, which has transported more than 10 million passengers around the world on about 300 air routes.

On May 5, China's first domestic large passenger aircraft C919 conducted its maiden flight. Its developer, the Commercial Aircraft Corporation of China (COMAC), has received 730 orders from 27 customers worldwide.

The country's first domestic regional jetliner ARJ21, also developed by COMAC, has entered into mass production. It has received 433 orders from 20 clients so far.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58December 16 2017 22:44:10

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16December 16 2017 22:44:10

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18December 16 2017 22:44:10

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords