Advertise with us

Advertise with us

China will buy 8,700 new airplanes over next 20 years - Boeing

China will buy 8,700 new airplanes over next 20 years - Boeing

By A Robin - September 23, 2021

Boeing airplane

A Boeing model is seen at the second China International Import Expo (CIIE) in Shanghai, China

Chinese airlines are likely to buy 8,700 planes worth $1.47 trillion over the next 20 years, Boeing Co (BA.N) said on Thursday.

The U.S. planemaker's latest estimate for the period to 2040 is 1.2% higher than its previous prediction of 8,600 planes last year.

China will also need nearly $1.8 trillion worth of commercial services for its aircraft fleet, Boeing said.

Reporting by Stella Qiu in Beijing and Jamie Freed in Sdyney; Editing by Jacqueline Wong

SOURCE: REUTERS

Follow US

By A Robin - September 23, 2021

Leave a comment

RELATED ARTICLES

HH the Amir Sends Condolences to President of China — HH the Amir Sends Condolences to President of China

HH the Amir Sheikh Tamim bin Hamad Al-Thani sent a cable of condolences to HE President of the People's Republic of China Xi Jinping, over the vic...

Qatar Mutaz Barshim Wins Gold Medal at Asian Jumps Championships in China — Qatar Mutaz Barshim Wins Gold Medal at Asian Jumps Championships in China

Qatari Olympic and world high jump champion, Mutaz Barshim, won the gold medal on Tuesday at the Asian Jumps Championships in Chongqing, China, which ...

China Blames Illegal Military Operation in Iran for Strait of Hormuz Crisis — China Blames Illegal Military Operation in Iran for Strait of Hormuz Crisis

Beijing has voiced strong concern over escalating tensions in the Strait of Hormuz, stating that the current crisis stems from what it described as an...

QatarEnergy declares force majeure on LNG contracts with Italy, Belgium, South Korea and China — QatarEnergy declares force majeure on LNG contracts with Italy, Belgium, South Korea and China

QatarEnergy has declared force majeure ⁠over some of the long-term LNG supply contracts impacted with Italy, Belgium, South Korea and China.

Qatar, China call for de-escalation amid rising regional tensions — Qatar, China call for de-escalation amid rising regional tensions

Qatar's Minister of State for Foreign Affairs, Mohammed Al Khulaifi, spoke over the phone with Zhai Jun, Special Envoy of the Chinese Government f...

TRENDING NEWS

Gold Rate Today in Qatar, UAE, Bahrain and Saudi Arabia

Bahrain Activates Nationwide Warning Siren

Global Oceans Near Record Heat Levels, Says Study

Gulf countries welcome israel and lebnon ceasefire

Iran Names Mojtaba Khamenei Supreme Leader After Father’s Death

Desert Falls Live a Little — VIDEO OF THE WEEK

Follow US

categories