the Chinese economy will grow 5.6 percent and that passenger
traffic will grow 6.6 percent and air cargo, 7 percent.
DOMESTIC AND REGIONAL GROWTH HELPING
DRIVE SINGLE-AISLE DEMAND
Growth in China’s domestic and regional markets has stimulated
the need for single-aisle airplanes. According to data of the
Civil Aviation Administration of China (CAAC), domestic
passenger traffic has grown 12 percent annually over the past
decade. A variety of factors are driving this trend. Since 2013,
new airlines have entered the market, among them new lowcost carriers. Today, these new airlines make up 11 percent of
all domestic flights, and as in other regions, it is expected that
these new entrants will continue to stimulate the market.
the Chinese economy will grow 5.6 percent and that passenger traffic will grow 6.6 percent and air cargo, 7 percent.DOMESTIC AND REGIONAL GROWTH HELPING DRIVE SINGLE-AISLE DEMANDGrowth in China’s domestic and regional markets has stimulated the need for single-aisle airplanes. According to data of the Civil Aviation Administration of China (CAAC), domestic passenger traffic has grown 12 percent annually over the past decade. A variety of factors are driving this trend. Since 2013, new airlines have entered the market, among them new lowcost carriers. Today, these new airlines make up 11 percent of all domestic flights, and as in other regions, it is expected that these new entrants will continue to stimulate the market.
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