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AVIC expects China's passenger aircraft requirements to nearly quadruple in next 20 years

24-Sep-2009 10:36 AM

Aviation Industry Corp of China (AVIC) stated China would require almost 3,796 new passenger aircraft in the next 20 years (to 2028), a nearly quadrupling of the current fleet size (from 1,191 at the end of 2008), due to fast-growing domestic air travel demand (AFP, 24-Sep-2009). China's cargo fleet is expected to increase nearly nine-fold, from 68 to 583 units.