Boeing says China is the way of the future

[NYCJetCharter]

They've called China the fastest growing market for aviation. Their outlook says that they will require over 3,700 new aircraft in the next 20 years. This makes sense given that China's economy is booming along with the Chinese trying to finally catch up with the western world in technology.

 

[statesman]

Military or Civilian (commercial or Cargo)?

 

[STLEngineer]

Civilian (both).

What's the story here? We've got a bunch of aircraft in service, while China has a billion people and a growing middle class.

Boeing's been saying that China and India will be the fastest growing markets for years.

 

[squeeze]

As someone who bought a bunch of sub-$40 Boeing stock, this makes me smile.