AVIC: China needs more than 6,100 aircraft over next 20 years

Chinese aircraft manufacturer Aviation Industry Corp. of China (AVIC) forecasts the country’s airlines will need 6,103 new aircraft through 2036. The forecast is less bullish than Boeing’s market outlook for China released in September, which forecast 7,240 new aircraft required in the country through 2036. Nevertheless, state-owned AVIC’s forecast does confirm the global aircraft manufacturing consensus that China will have a massive demand for new commercial aircraft ...