China’s chief civilian aircraft builder will command 5 per cent of the world’s fleet allocation by 2045 as global demand for narrowbody jets and the domestic order book look strong, an aviation analytics firm has forecast.
Airbus would have 47 per cent of the passenger fleet allocation and Boeing 39 per cent, both leading state-owned Commercial Aircraft Corporation of China (Comac), analytics firm Cirium forecast on Tuesday. It said Embraer would take 3 per cent and ATR 2 per cent.
Comac has a roughly 1 per cent share of today’s world fleet allocation, independent aviation analyst Li Hanming said.
In a summary of its annual aircraft fleet outlook, Cirium said the forecast allocations would “illustrate the persistence of the Airbus and Boeing concentration alongside the gradual shift” towards emerging manufacturers.