Boeing slightly raises China 20-year demand outlook to 8,560 new planes

Boeing on Wednesday slightly increased its annual 20-year forecast for new plane deliveries to China, citing economic growth and increasing demand for domestic travel.

The U.S. planemaker said Chinese airlines would need 8,560 new commercial planes through 2042, up from 8,485 in its previous forecast last year.

In June, the company said it remained “very bullish” on China, which would make up 20% of the global market for air travel.

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