Tuesday, November 2, 2010

China to Be World's No. 2 Plane Market Over Next 20 Years

WSJ.COM ARTICLE - SUBSCRIPTION REQUIRED FOR FULL ACCESS
BEIJING—China will likely require 4,330 new commercial airplanes valued at $480 billion over the next 20 years, becoming the world's second-biggest airplane market after the U.S., according to a projection by Boeing Co.

The bulk of new deliveries are likely to be for smaller, single-aisle planes, said Randy Tinseth, vice president of marketing for Boeing's commercial aircraft division, speaking to reporters here.

Mr. Tinseth said the Chinese plane market is growing almost......

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