China domestic air traffic to grow 8.2% over next 20 years

China’s domestic air traffic is expected to expand an annual growth rate of 8.2% over the next 20 years, state media reported, citing the Aviation Industry Corporation of China (AVIC), the country’s biggest aircraft maker. AVIC said China will need 3,798 new aircraft over the next two decades, including 2,922 jumbo jets and 874 regional jets. "As some air routes already run flights every 30 minutes to handle the huge passenger traffic, we expect more 200-seat planes will be used on these routes to expand transport capacity," said Liao Quanwang, executive president of AVIC Development Research Center.  AVIC is currently in the planning stage of producing the domestically-made C919 which is expected to compete with Boeing’s 737 and Airbus’ A320 models.