Chinese planemaker COMAC announced a bold forecast on Tuesday, predicting that by 2043, China will command 20.6% of the world’s passenger aircraft fleet, thereby becoming the largest aviation market globally.
The market outlook anticipates the delivery of 43,863 passenger jets globally over the next two decades, with a total value of $6.6 trillion.
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COMAC’s deputy director of marketing, Liu Yan, pointed out during a news briefing that China and Southeast Asia will be leading the growth in the market, as the report was unveiled at Zhuhai’s major air show.
