{"id":383938,"date":"2020-11-13T08:32:45","date_gmt":"2020-11-13T03:02:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=383938"},"modified":"2020-11-13T09:03:51","modified_gmt":"2020-11-13T03:33:51","slug":"boeing-raises-20-year-forecast-for-china-aircraft-demand-despite-pandemic","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/boeing-raises-20-year-forecast-for-china-aircraft-demand-despite-pandemic\/","title":{"rendered":"Boeing raises 20-year forecast for China aircraft demand despite pandemic"},"content":{"rendered":"<p>BEIJING\/SYDNEY (Reuters) &#8211; Boeing Co on Thursday raised its rolling forecast for China&#8217;s aircraft demand for the next 20 years, making the country a bright spot in the aviation market even as COVID-19 decimates global deliveries over the next few years. <\/p>\n<p>Chinese airlines will need 8,600 new airplanes through 2039, 6.3% higher than Boeing&#8217;s previous prediction of 8,090 planes last year. Those would be worth $1.4 trillion based on list prices, the U.S. planemaker said in a statement. <\/p>\n<p>In October, Boeing cut its 20-year forecast for global airplane demand due to the COVID-19 pandemic. <\/p>\n<p>&#8220;While COVID-19 has severely impacted every passenger market worldwide, China&#8217;s fundamental growth drivers remain resilient and robust,&#8221; said Richard Wynne, managing director, China Marketing, Boeing Commercial Airplanes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING\/SYDNEY (Reuters) &#8211; Boeing Co on Thursday raised its rolling forecast for China&#8217;s aircraft demand for the next 20 years, making the country a bright spot in the aviation market even as COVID-19 decimates global deliveries over the next few years. Chinese airlines will need 8,600 new airplanes through 2039, 6.3% higher than Boeing&#8217;s previous prediction of 8,090 planes last year. Those would be worth $1.4 trillion based on list prices, the U.S. planemaker said in a statement. In October, Boeing cut its 20-year forecast for global airplane demand due to the COVID-19 pandemic. &#8220;While COVID-19 has severely impacted every [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-383938","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/383938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=383938"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/383938\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=383938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=383938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=383938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}