China will become the second largest aviation market, and Chinese aircraft manufacturer will join top four makers by 2030, Airbus Chief Operating Officer Customers said on Monday.
After Airbus released its Global Market Forecast 2011- 2030 in London, Airbus Chief Operating Officer Customers John Leahy told Xinhua that the domestic aviation market of China will be the second largest in the world, after only the United States.
Leahy also believed the Commercial Aircraft Corp of China Ltd. will get huge progress in next 20 years and join the top four aircraft makers along with Airbus and Boeing. "We welcome new competition," Leahy added.
According to Airbus' Global Market Forecast, from 2011 to 2030, the Asia-Pacific region will account for approximately 34 percent of air service demand, followed by Europe and North America.
Airbus also expect a strong demand commercial aircraft in the next 20 years, 27,800 passenger and cargo aircraft would be sold for a total of 3.5 trillion U.S. dollars between 2011 and 2030.
The number would push the global passenger fleet to double from today's 15,000 to 31,500 in 2030.