Chinese airline carriers have ordered 243 new aircrafts so far this year, and the nation's aviation throughput will grow 19% on the year before, Li Jiaxiang, director of the Civil Aviation Administration of China, said Monday on the sidelines of the unveiling of the first Chinese-made Airbus A320. Airbus has predicted that China, the world's second largest aviation market, will need 3,000 new aircrafts over the coming 20 years. Airbus's Chinese market share has expanded to 40% from 7% in 1995 and is expected to control half of it by 2012.
$1 = ¥6.8
You are currently reading
total words in this article.
To continue reading this article, you must be a subscriber. Log in now..