Boeing plans to triple airplane deliveries to China over 20 years

Boeing (BA) says it plans to triple its China fleet over the next 20 years, expecting orders for 5,580 new airplanes in China valued at $780B.

BA believes strong economic growth and greater access to air travel will spur traffic to rise by nearly 7% each year in China; it foresees the biggest revenue boost from sales of single-aisle planes, used for domestic tourism and pan-Asia travel.

The plans pose a challenge to rival Airbus (EADSF.PK, EADSY.PK), which currently has a 950-aircraft China fleet; last year, Airbus forecast delivery of 4,270 aircraft to China over 20 years, shy of Boeing's new projections but revised figures are due out from Airbus later this month.

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Comments (2)
  • StudeRanch
    , contributor
    Comments (18) | Send Message
    Airbus will "revise" their predictions to 5 or 10% of what Boeing said, typical of their copy-cat mentality.
    5 Sep 2013, 11:13 AM Reply Like
  • thomas85225
    , contributor
    Comments (552) | Send Message
    What Boeing does NOW will determine Boeing future, since older aircrafts are coming out of service and the airlines will need to replace their existing aircraft NOW and the Airlines will not need to replace their aircrafts again for 20 years!


    The world will need 32,500 aircraft over the next twenty
    Boeing: Current Market Outlook 2013-2032


    Boeing has been selling aircrafts below cost and Boeing has yet modernize or add automation to it completion center in Everett and Renton
    Boeing has sold off its manufacturing infrastructures to other aerospace company
    Carolyn Corvi was a vice president and general manager of Airplane Production Boeing that sold off Boeing manufacturing infrastructure


    The existing Boeing product line is out dated the 747 was design in 1961, 737 in 1966, 757 & 767 in 1972, 777 in 1989, 737NG in 1997, 787 in 2003
    Boeing has yet to build the Yellowstone aircrafts


    The irony about the A320, A330, A340, A350, A380 and the Kc-30 they are in production with parts being built in factories once own by Boeing
    The 777-X, 787-10 and the 737Max are not in production and Boeing may miss the boat if Boeing wait to offer 777-X, 787-10 and the 737Max in 2017 & 2019 since older aircraft are coming of service since airline replace there fleet every 20 years
    Boeing is no longer an American company but a Multinational Corporation that operator and builds 70% of commercial aircraft in 70 counties and 25 states
    The 787 was started on 3-28-2003 and ten years later only 83 787 has been delivery and Boeing has yet to deliver 10 787 per month defects free, or fix its inspection and quality assurance problems, Boeing now has a class action lawsuit file again the company


    the 747-8 is two years late, 2.04 Billions over budget and overweight only 52 aircraft has been delivery
    7 Sep 2013, 02:50 AM Reply Like
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