Boeing expects China commercial fleet to more than double by 2043

China will more than double its commercial airplane fleet by 2043 as its aviation industry expands and modernizes to meet growing demand for passenger and cargo air travel, according to Boeing’s 2024 Commercial Market Outlook for China, the company’s long-term forecast of demand for commercial airplanes and related services. “China’s commercial aviation market for passengers and cargo continues to expand, driven by economic growth and airlines building their in-country networks,” said Darren Hulst, Boeing vice president of Commercial Marketing. “As this forecast shows, China’s airlines will see strong demand, requiring further growth of their modern fuel-efficient fleets.” China’s commercial fleet will grow 4.1% annually, from 4,345 to 9,740 airplanes by 2043, and its annual passenger traffic growth of 5.9% will exceed the global average of 4.7%, according to the CMO. Passenger volumes will receive a boost as airlines grow their networks by connecting major hubs to smaller cities.