Textron says freight aircraft demand is really taking off

China's demand for versatile utility aircraft capable of freight transportation will increase dramatically in the near future as the country invests huge money in infrastructure development in its remote regions, according to a leading industry executive.

"There is a greater demand than ever before for freight transportation in China, following the country's focus on developing economic belts and expanding infrastructure across rural areas," said Bill Schultz, senior vice-president for business development in China of Textron Aviation Inc.

Textron, a leading US general aviation business whose product line includes the iconic Beechcraft, Cessna and Hawker brands, aims to boost its mainland presence to fulfill the increased demand in China, as more local customers have been turning to its portfolio of turboprop aircraft, according to Schultz.