China is one of the world’s major aviation markets with over 1 billion air travelers by 2025. The growing China’s demand for planes and MRO services will generate almost $3 trillion worth of revenue for the entire supply chain over the next two decades. Both Airbus and Boeing are boosting jetliner production in China, while COMAC is scheduled to deliver the first C919 in 2021. Other major OEMs and Tier-1 suppliers have also been expanding their footprints in China.