Executive Briefings

China Predicted to Need 400 More Air Cargo Freighters by 2030

China's airfreight market will only keep growing in the coming decades, Boeing officials recently predicted. Although the Asian nation already leads the world in cargo growth, China will demand 400 new freighters by 2030, representatives for the aircraft manufacturer projected.

Jumbo-sized freighters, such as Boeing's 747-8Fs and 777Fs, will be the most in demand aircraft, company officials anticipate. After all, Boeing Commercial Airplanes Vice President of Marketing Randy Tinseth anticipated, China will utilize the majority of the planes on its long-haul routes.

In addition to requiring 400 freighters, China will also need 5,000 new commercial airplanes by 2030, a Boeing spokesman said. The aircraft, valued at $600bn, will help China take advantage of its booming tourism sector and double-digit economic growth.

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China's airfreight market will only keep growing in the coming decades, Boeing officials recently predicted. Although the Asian nation already leads the world in cargo growth, China will demand 400 new freighters by 2030, representatives for the aircraft manufacturer projected.

Jumbo-sized freighters, such as Boeing's 747-8Fs and 777Fs, will be the most in demand aircraft, company officials anticipate. After all, Boeing Commercial Airplanes Vice President of Marketing Randy Tinseth anticipated, China will utilize the majority of the planes on its long-haul routes.

In addition to requiring 400 freighters, China will also need 5,000 new commercial airplanes by 2030, a Boeing spokesman said. The aircraft, valued at $600bn, will help China take advantage of its booming tourism sector and double-digit economic growth.

Read Full Article