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Bright skies for aviation industry

China Daily | Updated: 2011-09-19 08:01

The increase in Chinese airline passengers in recent years has experts predicting a bright future for the industry. US aviation giant Boeing estimates that China will need 5,000 new aircraft worth $600 billion, by 2030, according to media reports.

Of the new orders, 16 percent will replace old aircraft and 84 percent will be additions to the air fleet, said Randy Tinseth, vice-president of marketing at Boeing's commercial plane section.

In 2010, 267 million passengers traveled by air in China, up 16 percent from the previous year and a 16-fold increase from 1990. Of the 20 busiest airports in China, five are in what the airline industry designates as western China with Chengdu 7th, Kunming 9th, Xi'an 10th, Chongqing 12th and Urumqi 20th.

Bright skies for aviation industry

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