Rolls-Royce plc published the latest report "Market Prospect" on Beijing International Aerospace Fair on 19th, September. This report predicts that China will be the biggest buyer of aero planes and engines in the next 20 years.
According to the report forecast, the rate of China's annual passenger transport capacity increase will reach 8.8%, but this number is very likely to continue rising recently. In the next 20 years, this increase rate means Chinese airlines will purchase over 3100 new planes, which will form a large market including 6600 sets of engines and over $65,000,000,000 values.
It also predicted by that report that Asia-Pacific markets need 26,000 sets of new engines in the next 20 years, 46% of them will offer high thrust engines for twin channel wide-bodied aircrafts. Asia is the key market of 400 seats new planes, the number of this kind of planes is predicted to take up 55% of received planes in this area.
At the moment, there are 10 Chinese airlines in all operating the planes which is provided by Rolls-Royce plc.
