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China will buy 7,690 new airplanes over next 20 years: Boeing

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Reuters BEIJING

BEIJING (Reuters) - Chinese airlines are likely to buy 7,690 planes worth $1.2 trillion over the next 20 years, Boeing Co said on Tuesday.

Boeing's latest estimate for the period to 2037 is 6.2 percent higher than the U.S. planemaker's previous prediction of 7,240 planes last year.

China will also need over $1.5 trillion worth of commercial services for its aircraft fleet, Boeing said.

(Reporting by Stella Qiu and Brenda Goh; Editing by Darren Schuettler)

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Sep 11 2018 | 9:37 AM IST

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