Boeing: China needs 5,580 new aircraft over next 20 years

BEIJING Thu Sep 5, 2013 2:05am EDT

Logos of some Boeing 787 commercial airline clients are seen on a fuselage of the aircraft at the Singapore Airshow in Singapore February 14, 2012. REUTERS/Kevin Lam

Logos of some Boeing 787 commercial airline clients are seen on a fuselage of the aircraft at the Singapore Airshow in Singapore February 14, 2012.

Credit: Reuters/Kevin Lam

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BEIJING (Reuters) - China will need 5,580 commercial aircraft worth some $780 billion over the next 20 years, according to a statement released by Boeing Co (BA.N) on Thursday.

Tourism in China and within Asia travel will drive the need for single-aisle airplanes, Randy Tinseth, vice president of marketing for Boeing Commercial Airplanes, is quoted as saying in the statement, released at a company event in Beijing.

Deliveries in that segment will total 3,900 by 2032, Boeing said.

(Reporting by Fang Yan and Matt Miller)

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