Beijing, China: Boeing has projected a demand in China for 6,020 new airplanes over the next 20 years, valued at US$870 billion. The company says Chinese carriers will take delivery of nearly 45 percent of the total demand for airplanes in the Asia Pacific region during the forecast period.

"China's aviation market is going through dynamic changes," said Randy Tinseth, the company's VP of marketing (commercial airplanes). "New business models like low-cost carriers and airplane leasing companies, a new generation of fuel-efficient airplanes and evolving consumer needs are driving demand for more direct flights to more destinations."

According to the aircraft manufacturer, tourism in China and intra-Asia travel support a strong demand for single-aisle airplanes, with total deliveries reaching 4,340 through 2033. 

Meanwhile, Chinese airlines with large global networks continue to look for opportunities to expand as international flying increases from secondary cities apart from Beijing, Shanghai and Guangzhou. This growth in the long-haul segment is expected to result in demand for an additional 1,480 new fuel-efficient widebodies, such as the 777, 787 Dreamliner and 747-8 Intercontinental. This year's forecast reflects a continued shift in demand from very large airplanes to efficient new small and medium widebody airplanes.

"To compete in the tough long-haul international market, our Chinese customers are focused on evolving new business models, adding new destinations, increasing their capacity and resources," said Mr Tinseth. "These trends will shape market demand for an airplane lineup that has high efficiency, low operating costs, environmentally progressive technologies and a great passenger experience."