Boeing values China's aircraft business at almost $3 trillion over the next two decades

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China is widely tipped to soon become the world's largest aviation market.

Boeing has upped its market forecast for the country to suggest almost 8,100 new planes are needed by 2038.Boeing Dreamliner 787 Air China planes sit on the production line at the company's final assembly facility in North Charleston, South Carolina.has claimed that growing Chinese demand for planes will generate almost $3 trillion worth of industry business over the next two decades.China will soon become the world's largest aviation market and will need 8,090 new planes by 2038.

Boeing has said passenger traffic within China is tipped to grow at more than 6% a year until 2038 and China's middle class is expected to double in size within a decade.

 

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The Boeing 737 Max jet is in the process of recertification, despite major technical failures in the past. equilarinc notes Boeing CEO Dennis Muilenburg earned $23,392,187 in 2018, a 38% increase from the previous year. $BA execcomp CorpGov Source:

Got a surprise for you Boeing. That forecast totally overreach. Cut it by 80%. Airbus plus China’s own aircraft nearing development completion is the future... & you, Boeing is not in that future. Thank your president for trying dirty play economic tactics.echothecat leo_shane

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