The US planemaker maintains ‘very bullish’ outlook on China, projecting a 20% global air travel share.
Boeing’s 737 MAX deliveries to Chinese airlines remain in limbo, with the pause lasting over four years since the two fatal crashes.
The US planemaker said Chinese airlines would need 8,560 new commercial planes through 2042, up from 8,485 in its previous forecast last year. Boeing, however, is still waiting to resume deliveries of its bestselling 737 MAX to Chinese airlines more than four years after they were halted following two deadly crashes and has been all but shut out of new orders from the carriers since 2017.
“Domestic air traffic in China has already surpassed pre-pandemic levels and international traffic is recovering steadily,” Darren Hulst, Boeing vice president for commercial marketing, said in a statement.
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