China to Become the World´s Second Largest Aviation Market Twenty Years from Now

China is expected to become the world´s second largest aviation market after the United States in the next two decades, a senior Airbus official was quoted as saying in the Economic Information Daily in Beijing.

Laurence Barron, chief executive of the Airbus China Corp, said that Airbus may deliver nearly 1,800 airplanes to China over the next 20 years, an average of 90 airplanes a year, accounting for 11 percent of the total airplanes ordered by global customers.

With the rapid growth of the aviation market, Barron said China will need at least 200 big airplanes over the next two decades, such as the long-haul Airbus A380, whose catalog price is $275 million apiece.