Boeing predicts China's economic growth of 7.3% in the next 20 years

Landy Tinses confidence in the future of the global aviation market in the 20. November 2, as the Boeing Civil aircraft Group Marketing vice President, Landy Tinses in Beijing released the "China Market Outlook Report": The next 20 years, the global airlines will need 30900 new aircraft, this part of the aircraft will be worth 2.6 trillion dollars.　　With global growth, China will need 4330 new aircraft in the next 20 years, worth 480 billion of dollars. Boeing predicts that the world economy will grow at an average annual rate of 3.2% per cent over the next 20 years, while China's economy will increase by 7.3% annually.　　Economic growth forecasts will keep the global airline fleet at an annual rate of 3.3% growth.　　20 years from now, China's fleet will be three times times larger, Tinses said. However, China's high-speed rail industry is hitting the aviation market.　　Tinses admits that, at distances below 800 km, high-speed rail is indeed a very lucrative market for the airline industry. Positive expectations in fact, aviation market forecasts and macroeconomic conditions, oil prices, market liberalization, shipping network development and other factors.　　Historical data show that global air travel has grown at an annual rate of 5% per cent since 1977. Boeing's Better-than-expected forecasts are mirrored by the 2011 global Aviation Industry forecasts released by the International Air Transport Association (IATA). The group raised its industry-wide earnings forecast to $8.9 billion trillion, significantly above the $2.5 billion forecast for June this year.　　Meanwhile, the group believes the global airline industry will make a profit this year. "China will become the largest aircraft market outside the United States.　　"In the Boeing study, China's economy will grow at an average annual rate of 7.3% per cent over the next 20 years, much higher than the global 3.2% average and the annual growth rate of 2.7% and 1.9% in North America," said Seth. Boeing's forecast for the Boeing report in the next 20 years, the global demand for 30900 aircraft, of which, one-channel aircraft demand for 21260, about 69% of the total, regional aircraft demand 1920, about the total demand 6%, dual-channel aircraft demand 7100, about 23% of total,　　The remaining for the super large aircraft, about 720 demand, accounting for the total of 2%.　　Single-channel aircraft means that there is only one channel above the aircraft, usually small and medium-sized aircraft, such as Boeing 777, such as the large passenger plane is a dual-channel aircraft. According to Boeing's forecasts, the Chinese market will be strong demand for more fuel-efficient single-channel new aircraft, accounting for 71% of all new aircraft demand in China, with a total delivery of 3090 over the next 20 years.　　In terms of aircraft value, single and medium dual-channel aircraft will account for 92% of China's market demand for the next 20 years.　　Based on this, Tinses said Boeing will continue to upgrade the Boeing 737 aircraft fuel efficiency, flight experience, and, at the same time, including Boeing 787 and 777 medium-sized dual-channel aircraft will be delivered in the future about 890. However, competitorsAirbus has a strong competitive edge in a single channel, oversized, and other aircraft. "A380 is restricted on some routes," Tinses said of the operation of Airbus A380, an oversize aircraft. In the past 10 years, A380 's sales figures were about 200, while the same type of Boeing's 787 aircraft sold about 850 over the past 6 years. ”