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Airbus reduces China narrow-body delivery forecast
Airbus has lowered its long-term demand forecasts for single-aisle aircraft in the Chinese market due to the ongoing expansion of the high-speed rail network, which has led to a shift of some short-distance travelers from airplanes to high-speed trains. Airbus now expects to deliver 7,480 narrow-body aircraft in China over the next twenty years, a reduction of 500 aircraft from its previous year’s estimate, with the impact of rail networks expected to reduce domestic flights under six hours by about 10%. This adjustment reflects demographic and economic prospects, as the sector currently accounts for more than 50% of the local market with 2,370 aircraft in operation, supported by the expansion of its Tianjin plant to meet future demand.
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