In 2023, the number of civil Airbus A320 aircraft in China stood at 1.28 thousand units. The forecast anticipates a steady annual growth, with values reaching 1.35 thousand in 2024, followed by increments reaching 1.63 thousand by 2028.
The year-on-year variation indicates consistent growth, with annual increases averaging approximately 5.2% over the forecast period. The Compound Annual Growth Rate (CAGR) over the 5-year span from 2023 to 2028 is projected around 4.9%.
Future Trends to Watch:
- Continued expansion of Chinese domestic air travel demand.
- Policies aimed at enhancing the country's aviation infrastructure.
- Potential impacts of new entrants in the narrow-body aircraft market.
