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China’s airlines to order more than 2000 aircraft over next five years

Airbus and Boeing have separately stated this month that airlines in the Asia Pacific region would account for a third of total aircraft deliveries over the next 20 years. Much of the growth is being driven by Chinese carriers. Indeed, the CAAC forecasts China’s airlines will order more than 2000 aircraft over next five years alone, underpinned by continued economic growth and rising traffic demand. Beijing's bullish forecast is “sweet music to an airplanes manufacturer’s ears,” according to Boeing.

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