China needs 5,300 new aircraft – Airbus

[craigt3365]

Chinese airlines will need more than 5,300 new passenger planes over the next 20 years, Airbus has predicted.

With China set to become the world’s largest domestic aviation market within the next decade, Airbus, which has a factory in Tianjin, has forecast that between 2014 and 2033, Chinese carriers will purchase 5,363 new aircraft with a total market value of US$820 billion. This represents 17% of the total global forecast for 31,000 new aircraft.

According to Airbus’ Global Market Forecast, new deliveries to China will comprise 3,567 single-aisle aircraft, such as the A320 or Boeing 737, 1,477 twin-aisle jets like the A330, A350, B777 and B787, and 319 very large aircraft like the A380.

Continued:

http://www.traveldailymedia.com/216007/china-needs-5300-new-aircraft-airbus/

[FritsSikkink]

Airbus trying to get there shares up again after the A380 mishap.

[Jdiddy]

Thats a shit ton of aircraft