Edward Machin considers the effect of a growing Chinese commercial aviation market.
According to figures released by Boeing, a staggering two billion passengers travel annually on commercial flights, a figure increasing 5% year-on-year. To satisfy such demand, aviation companies globally are expected to spend $3.1tr in buying 28,600 aircraft over the next 20 years, the majority of which will be jumbo jets, defined as those with more…
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