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Boeing Confident in China With Thousands of Jet Orders Forecast

  • Expects Chinese airlines to buy 8,600 new planes over 20 years
  • U.S. planemaker says single-aisle jets are main growth driver
Boeing 777X Jet Manufacturing Facility Ahead Of First Flight
Photographer: Chona Kasinger/Bloomberg

Boeing Co. expects China to continue to be the main driver in aviation growth worldwide over the next 20 years, saying Chinese airlines are likely to buy 8,600 new airplanes worth $1.4 trillion during the period.

The U.S. manufacturer said its outlook reflects an expected robust recovery for China from the Covid-19 pandemic, driven by its expanding middle-class, economic growth and urbanization, as well as government investment in transport infrastructure, regional traffic flows and a flourishing domestic market.