China to buy 8,700 new planes over next 20 years: Boeing

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BEIJING: Chinese airlines are expected to buy 8,700 planes worth US $ 1.47 trillion over the next 20 years, Boeing said Thursday (September 23).

The US aircraft manufacturer’s latest estimate for the period up to 2040 is 1.2% higher than its previous forecast of 8,600 planes last year.

China will also need nearly US $ 1.8 trillion in commercial services for its aircraft fleet, Boeing said.

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