This forecast may indicate a gradual shift in market share towards emerging players like Comac, which could challenge the dominance of Airbus and Boeing. The growth of Comac's market share suggests a strengthening of China's position in the global aviation industry, which could have implications for trade and competition.
C919 Leads Charge as Emerging Players Gain Ground
According to Cirium’s aircraft fleet outlook, China’s Comac is expected to secure 5% of the world market by 2045, led by the C919 aircraft. Currently, Comac has a roughly 1% share of the world fleet allocation. The forecast suggests that Airbus and Boeing will continue to dominate the market, despite a gradual shift towards emerging manufacturers. This development was reported by the South China Morning Post.
This forecast may indicate a gradual shift in market share towards emerging players like Comac, which could challenge the dominance of Airbus and Boeing. The growth of Comac's market share suggests a strengthening of China's position in the global aviation industry, which could have implications for trade and competition.
C919 Leads Charge as Emerging Players Gain Ground
According to Cirium’s aircraft fleet outlook, China’s Comac is expected to secure 5% of the world market by 2045, led by the C919 aircraft. Currently, Comac has a roughly 1% share of the world fleet allocation. The forecast suggests that Airbus and Boeing will continue to dominate the market, despite a gradual shift towards emerging manufacturers. This development was reported by the South China Morning Post.