Airbus and Boeing’s high hopes for Chinese aircraft demand were on display at the Beijing air show this week but the ambitions of a homegrown upstart foreshadowed a tough fight for market share in the world’s most important battleground for plane manufacturers.
Their forecasts were consistent in depicting China as the biggest purchaser by far of new aircraft over the coming two decades, spurred by twin booms in the country’s business and leisure travel.
Boeing said China would add 5,000 commercial aircraft worth $600bn by 2030, while Airbus said the country would need more than 4,000.
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