Mainland lenders bankroll Boeing purchases
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| File photo: a Boeing 747-400 superjumbo jet in the Air France-KLM fleet |
China has the potential to become a significant operator in aviation financing globally, Laurence Barron, Airbus China president, told China Daily in an earlier interview.
"While in other parts of the world the financing community is struggling and there is a lack of liquidity in the market, Chinese banks have come through the financial crisis pretty strongly and they are all interested in doing more in the area of aircraft financing and leasing," Barron said.
Boeing in September forecast a global market for 29,000 new commercial airplanes worth $3.2 trillion over the next 20 years, while China is expected to require 3,770 new planes valued at $410 billion over the next two decades, making it the world's second-largest aircraft market after the US.
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