The Shaughnessy Report: Always With the Negative Waves
Connect the Dots: Stop Killing Your Yield—The Hidden Cost of Design Oversights
Global PCB Connections: A Field Engineer’s Perspective on the Top 10 Trends to Watch
Boeing: China Commercial Fleet to More than Double by 2043 for Growth and Modernization
August 27, 2024 | BoeingEstimated reading time: 1 minute
China will more than double its commercial airplane fleet by 2043 as its aviation industry expands and modernizes to meet growing demand for passenger and cargo air travel, according to Boeing's 2024 Commercial Market Outlook (CMO) for China, the company's long-term forecast of demand for commercial airplanes and related services.
"China's commercial aviation market for passengers and cargo continues to expand, driven by economic growth and airlines building their in-country networks," said Darren Hulst, Boeing vice president of Commercial Marketing. "As this forecast shows, China's airlines will see strong demand, requiring further growth of their modern fuel-efficient fleets."
China's commercial fleet will grow 4.1% annually, from 4,345 to 9,740 airplanes by 2043, and its annual passenger traffic growth of 5.9% will exceed the global average of 4.7%, according to the CMO. Passenger volumes will receive a boost as airlines grow their networks by connecting major hubs to smaller cities.
The China CMO forecast through 2043 also predicts:
Air travel in China is forecast to become the world's largest traffic flow, driving growth in the single-aisle fleet, which accounts for more than three-quarters of deliveries.
China will have the world's largest widebody fleet, with demand for 1,575 new widebody airplanes.
China's freighter fleet – including dedicated and converted models – will nearly triple with demand stimulated by its booming e-commerce sector.
Additional aviation industry growth potential:
Chinese carriers will need aviation services worth $780 billion to support the growing fleet, including digital solutions, maintenance and modifications.
Its airline industry will need to hire and train nearly 430,000 new personnel to support new pilots, maintenance technicians and cabin crew.
For more than 50 years, Boeing airplanes have been the mainstay of China's civil aviation passenger and cargo transportation systems.
Boeing is the largest customer of China's aviation manufacturing industry with more than 10,000 Boeing airplanes flying with China-made parts. Boeing activity in China contributes more than $1.5 billion annually in direct support of China's economy, including suppliers, joint ventures, operations, training, and research and development investment.
Share on:
Suggested Items
Tariff Uncertainty Weighs on Display Demand, Pricing, and the Supply of AMOLED Materials,
04/09/2025 | TrendForceTrendForce reports that the U.S. began implementing reciprocal tariffs on April 9th, based largely on trade deficits. Consequently, Asia—particularly Southeast Asia, a key hub for the consumer electronics supply chain—has been significantly impacted.
CEE PCB Appoints Markus Voeltz to Business Development Director Europe
04/02/2025 | CEE PCBCEE PCB, a leading manufacturer of printed circuit boards (PCBs) and flexible printed circuits (FPCs) with 3 production facilities in China, is expanding its presence in Europe and began providing local support in March 2025. With 25 years of experience in the industry, the company is enhancing its commitment to European customers by providing more direct collaboration for technical inquiries and advice.
Winners of 2025 IPC Masters Competition China Announced
04/02/2025 | IPCOn March 26-28, the IPC Masters Competition China was successfully held in Pudong, Shanghai. This year’s competition brought nearly 500 electronics industry elites from 18 provinces and municipalities.
China to Invest 1 Trillion Yuan in Robotics and High-Tech Industries
03/25/2025 | IFRChina’s National Development and Reform Commission has announced to set up a state-backed venture capital fund focused on robotics, AI and cutting-edge innovation.
Hitachi Energy Gains National Green Factory Recognition for Two More Facilities in China
03/24/2025 | Hitachi EnergyChina’s Ministry of Industry and Information Technology (MIIT) recently announced its 2024 Green Manufacturing List, with two of Hitachi Energy's local manufacturing bases in Beijing and Datong in north China’s Shanxi Province, receiving the titles of National Green Factory. This brings the total number of Hitachi Energy's local enterprises on the list to four.