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Boeing: China needs to add 3,400 planes over two decades

China’s travel market grows to rival that of North America in size and it will need to buy 3,400 aircraft at a cost of US$340 billion over the next two decades, Boeing Co. said Tuesday.

Boeing's forecast was an increase over earlier projections by the U.S. company and its European rival, Airbus Industries, which put Chinese demand at 1,900 to 2,600 aircraft over two decades.

"Over the forecast period, China will have the fastest-growing market, making it the largest market outside of the U.S. for new commercial airplanes," Boeing said in its annual "Current Market Outlook."

China's domestic air travel market is expected to grow nearly fivefold by 2026 "to become slightly larger than today's Intra-North American market," the report said.

China's total fleet is expected to nearly quadruple to 4,460 aircraft by 2026, Boeing said.

He announced his intention to create a news service called "Pravda," which means "truth" in Russian. Well, we are Pravda. The Pravda.Ru website has been working professionally in Russia since 1999

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The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations

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On the second day of the St. Petersburg International Economic Forum, a plenary meeting was held, in which Russian President Vladimir Putin, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe, Chinese Vice President Wang Qishan and IMF head Christine Lagarde took part

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Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
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Blame MH17 on Russia: International investigation turns into demonic circus
What would you do if you were Kim Jong-un?
What would you do if you were Kim Jong-un?
How low will America go?
How low will America go?
What would you do if you were Kim Jong-un?
What would you do if you were Kim Jong-un?
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Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus