I am presently in Florida visiting my brother and his family for the memorial day weekend. So yes I threw another aviation themed post against the wall, LOL. This one also came from my work email from a 3rd party source. I used this one because it did mention some demographic issues that the Chinese have and I thought that was interesting.
A China Eastern Airlines Airbus A320-200 (foreground) and Boeing 737-800.
Credit: Rob Finlayson
Source: International Monetary Fund
In an Aviation Week Check 6 podcast, Sash Tusa, an analyst at the UK’s Agency Partners, attributed much of Airbus’ strength in China to the opening of its final assembly line (FAL) in Tianjin country in 2009. The European airframe OEM had only 10%-15% of the market in 2009.
Source: World Bank, China Civil Aviation Administration
These other opportunities have a hopeful implication.
Chinese airlines began returning the Boeing 737 MAX to commercial operations in January, and Boeing has more than 130 China-bound MAXs in storage. Credit: Christopher Wong/S3studio/Getty Images
By 2050, only 55% of China’s population is expected to even be in the prime working age group of 20 to 64, according to forecasters at PopulationPyramid.net. By way of contrast, India’s expected population of 1.67 billion is predicted to still be growing and to have 61% of its people in the prime working ages by 2050.