Boeing lifts China plane demand outlook as economy picks up
Boeing lifts China plane demand outlook as economy picks up

Beijing (AFP) – Plane-making giant Boeing said Thursday it expects China to buy more than 8,600 new aeroplanes worth $1.4 trillion in the next two decades, increasing its forecast as the country recovers from the coronavirus outbreak.The world aviation industry has been shattered by the virus, but China has largely brought it under control and while international flights are limited, the country’s domestic market has almost bounced back to pre-pandemic levels. And the US firm said China will be the main driver in aviation growth globally over the next 20 years, based on a “robust recovery” fro…

Read More

HEDGE accordingly