China will require 3,400 new airplanes worth about $340 billion over the next 20 years, according to The Boeing Company’s [NYSE: BA] updated annual forecast for the commercial airplane market. The complete forecast, known as the Boeing Current Market Outlook, is available on the Boeing Web site.
Boeing [NYSE:BA] forecasts a $2.8 trillion market for new commercial airplanes over the next 20 years. Strong demand for new airplanes will lead to a world fleet with significantly improved environmental performance.