Boeing has issued a press release forecasting a huge demand in the Chinese aviation market for airplanes. This further underlines the already existing need for more good pilots in the aviation industry.
Tuskegee Next's goal: guild a premier aviation youth outreach program to enable at-risk youth to obtain pilot’s licenses and start on an aviation career path. Honoring the legacy of the Tuskegee Airmen, Tuskegee Next transforms the lives of at-risk youth through aviation education and career path opportunities, so they can transform their communities and the future of the skies.
Excerpt from Boeing's press release:
Boeing Forecasts Demand in China for 6,810 Airplanes, Valued at $1 Trillion
China becomes world's first trillion dollar aviation market
Single-aisle demand accounts for 75 percent of new deliveries
China's wide-body fleet to triple in size over the next two decades
BEIJING, Sept. 13, 2016 /PRNewswire/ -- Boeing (NYSE: BA), China's leading provider of commercial airplanes, projects a demand for 6,810 new airplanes in the country over the next 20 years. Boeing released its annual China Current Market Outlook (CMO) today inBeijing, estimating the total value of those new airplanes at $1.025 trillion. China becomes the first trillion dollar aviation market in Boeing's forecast.
"As China transitions to a more consumer-based economy, aviation will play a key role in its economic development," said Randy Tinseth, vice president of Marketing, Boeing Commercial Airplanes. "Because travel and transportation are key services, we expect to see passenger traffic grow 6.4 percent annually in China over the next 20 years."
Boeing predicts China will need 5,110 new single-aisle airplanes through 2035, accounting for 75 percent of the total new deliveries. Low-cost carriers and full-service airlines have been adding airplanes and expanding new point-to-point services to cater for both leisure and business travel demand from a rising middle class in China and throughout Asia.