Chinese Aviation Industry '11

China is already the world’s second-largest national air travel market, trailing only the United States. Besides, this market is likely to grow rapidly over the next 20 years - an estimated 4,000 new passenger aircraft are expected to be purchased by Chinese airlines over this period. This represents approximately one-eighth of the total world demand during the next two decades. The markets for cargo aircraft, general aviation, and helicopters in China, although significantly smaller than that for passenger aircraft, are also expected to grow rapidly in the coming years.