BEIJING -- China's aviation industry will purchase 5,000 new passenger aircraft by 2030, according to an estimate released by a state-run aircraft maker Sept. 21.
The announcement coincided with the opening of the Aviation Expo/ China 2011 in Beijing.
According to Commercial Aircraft Corp. of China, the value of the orders will be about $600 billion (about 46 trillion yen).
China intends to use domestically developed aircraft on domestic routes in several years, putting it into competition with two Western giants--Boeing Co. and Airbus S.A.S., an official said.
According to Commercial Aircraft, about 1,600 aircraft for civilian use were in service in China in 2010. It said passenger traffic had quadrupled during the past decade.
"The surge in passengers was due mainly to the fact that 2.1 billion people made domestic trips last year," a company official said.
- « Prev
- Next »