China Is Making Boeing Optional

AI Summary

China is redefining its transportation strategy by heavily promoting electric rail corridors over traditional commercial aircraft demand. Boeing, expecting a large market for new commercial aircraft in China by 2043, faces challenges as China emphasizes rail transport policies.

Boeing expects Chinese airlines to require 8,830 new commercial aircraft by 2043. That sounds like an enormous opportunity until the denominator is corrected. China is not starting with aircraft demand and asking which manufacturer should supply it. It is deciding how people should move, assigning dense corridors to electric rail, ... [continued] The post China Is Making Boeing Optional appeared first on CleanTechnica.