Aviation giants sign deals with Chinese firms at Airshow China, eyeing growth in a booming market.

Global aviation companies like Honeywell and Thales signed agreements with Chinese firms at the 15th Airshow China, focusing on efficient maintenance and supporting the aviation sector's growth. Airbus predicts China will need over 9,500 new aircraft in the next 20 years, making it the company's largest market. Embraer forecasts the Asia-Pacific region will lead the global aviation industry by 2043.

November 19, 2024
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