What Happened
International Aircraft Manufacturers See Strong Demand for Capacity Expansion
As China’s civil aviation sector aims for higher quality and greater capacity, Airbus is eyeing opportunities for growth. The company’s senior executive, Troy Wang, noted that strong demand for capacity expansion is emerging, creating new opportunities for international aircraft manufacturers. China’s airlines are stepping up efforts to secure leading positions in the market, with the country’s civil aviation sector recording 770 million passenger trips and 10 million tons of cargo and mail throughput last year. According to the Civil Aviation Administration of China, international passenger traffic and cargo volume both grew by more than 20 percent year-on-year. This article was first reported by Chinadaily.com.cn.