Dr Pui-Ho of Parker Aerospace takes the stand.
The good Doctor continues on the theme of China’s expanding aviation market.
By 2027, he estimates, that Chinese passenger numbers will grow to five and a half times its current size, with the average yearly growth being around the 8-9% mark.
With all of this served by a 3000-strong commercial carrier fleet.
This in turn will lead to MRO activity taking off in around 10 years time as the Chinese fleet ages.
He also points out the busy regional jet activity which is positioning itself to take advantage of this staggering growth.
The current regional jet players in the region are Embraer and Airbus (with final assembly lines) along with AVIC and Mitsubishi (both developing new regional jets).