Boeing’s China Fantasy: A Twenty Year Forecast

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Boeing (BA) says it. There will always be a market for airplanes in China. Not matter what happens. Even it military hard liners move in. Even if the overheated economy collapse under its own weight.

Reuters writes that Boeing, which won 112 firm orders in China in 2006, sees exponential growth in Chinese aviation for at least the next two decades The big aircraft company "expects China will need 2,900 commercial airplanes over the next 20 years, 64 percent of which would be single-aisle jets." It hopes to hold 60% of the market during that period, with most of the balance going to Airbus.

Of course, twenty years out, that could be off by a percentage point or two.

Douglas A. McIntyre