Boeing: China needs 5,580 new aircraft over next 20 years

Thu Sep 5, 2013 2:07am EDT
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BEIJING (Reuters) - China will need 5,580 commercial aircraft worth some $780 billion over the next 20 years, according to a statement released by Boeing Co (BA.N: Quote) on Thursday.

Tourism in China and within Asia travel will drive the need for single-aisle airplanes, Randy Tinseth, vice president of marketing for Boeing Commercial Airplanes, is quoted as saying in the statement, released at a company event in Beijing.

Deliveries in that segment will total 3,900 by 2032, Boeing said.

(Reporting by Fang Yan and Matt Miller)

Logos of some Boeing 787 commercial airline clients are seen on a fuselage of the aircraft at the Singapore Airshow in Singapore February 14, 2012. REUTERS/Kevin Lam