On June 27, 1994 (May 19 in the Lunar calendar), the world aviation industry turned losses to wins.

According to a report released by the Defense Aviation Transport Association, world passenger transportation grew by 9% in the first quarter of 1994 and freight transportation grew by 20% in the first quarter of 1994.224 airlines worldwide will profit $1 billion, ending the situation with a total loss of $15.6 billion since 1990.

In the aircraft manufacturing industry, aircraft deliveries and orders have increased, with Boeing expecting that there will be less than 600 aircraft delivered worldwide with more than 100 seats in 1993 and more than 700 by the late 1990s.

Analysts point out that the recovery in the world¡¯s aviation industry is due to many airline structural adjustments, falling fuel prices and moderate growth in the Western economy.