Fledgingwings
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And Cheaper too????
China's first large passenger jet succeeds in lifting front wheel in taxiing tests
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Bilal9
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beijingwalker
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Ready for take-off? China's answer to Boeing now just needs to sell
By Brenda Goh and Tim Hepher
ReutersApril 25, 2017
By Brenda Goh and Tim Hepher
SHANGHAI/PARIS (Reuters) - When China unveiled an historic order for its first large commercial jetliner at a national air show in 2010, Western journalists were kept away, and only local media were allowed to witness a major turning point in China's aviation ambitions.
The COMAC C919 jet is expected to stage its maiden flight in the coming weeks, and foreign media and potential buyers will be invited in force - illustrating how Beijing is adjusting to competition for a slice of global jet sales worth $2 trillion over the next 20 years.
But after three years of delays and almost a decade in development, China's answer to the Boeing 737 and its state-owned designers face a daunting phase: selling the jet abroad in a market dominated by Boeing and Airbus . "They will be trying to compete on price against people who are building aircraft at a much faster pace and with more experience, so there's a risk of getting bled dry," said Richard Aboulafia, aerospace analyst at Virginia-based Teal Group.
Commercial Aircraft Corporation of China (COMAC) has some cards to play: its plane has Western engines and avionics coupled with a new design; it's rolling out a pilot training program, expanding international staff and has strong, behind-the-scenes backing from Beijing, industry executives say.
And though still unproven, COMAC could be the single biggest threat over the coming decades to the dominance of Boeing and Airbus, both in China's own huge aviation market and, longer-term, overseas. The C919 is the first step to this.
Beijing's backing for the single-aisle plane gives COMAC a springboard in the world's fastest-growing domestic market, even though the company acknowledges much bigger hurdles abroad.
"You can't compare us to Boeing or Airbus, they're in a different strategic stage... We took half a century to solve the first strategic issue (of plane development), it will also take many years to solve the second (market) problem," said Jeff Cheng, a spokesman for COMAC. "After the first flight, we have to focus and research on how to improve the plane's and COMAC's market competitiveness."
Eric Chen, president of Airbus Commercial Aircraft China, welcomed the competition from COMAC, and a China-based spokesman for Boeing congratulated the company on developing the C919.
GLOBAL SUPPORT NETWORK
The C919 has chalked up 570 firm orders and commitments from 23 customers, mainly Chinese state-backed airlines and leasing companies, but says it is not able to give a breakdown.
In comparison, the latest version of the Boeing 737 had more than 3,000 firm orders before it flew last January.
Those types of numbers from the two big global planemakers come after decades of trimming costs and honing marketing pitches. The two have global support networks able to respond whenever a jet breaks down just about anywhere, and the number of jets flying makes it easier for airlines to raise loans to buy them.
While Chinese financiers have muscled into the global aviation arena, COMAC has a relatively low-key presence at international air shows and has said the C919 will initially be aimed at the domestic market. But there are signs it's adopting a more outward-facing approach.
While operating manuals for COMAC's smaller ARJ21 regional jet, which took its first flight in 2007, were written in Mandarin, the C919's will be in English to support sales.
COMAC's sales and support networks - it has at least 50 people in its sales and marketing departments, says Cheng - are, however, a fraction of those at Boeing and Airbus.
Still, COMAC's home advantage is significant as Chinese airlines are likely to drive airplane demand over the next two decades, buying nearly 7,000 planes - mostly from Boeing and Airbus.
"Their sales person is the government," said a Chinese airline executive, who didn't want to be named for risk of damaging business relationships. "As long as the government tells the state airlines to purchase planes, that will happen."
Airline executives say the first flight is when COMAC can realistically start discussing deposits and firming up customers, even if the plane still faces years of testing.
"We haven't placed a deposit; at the moment it's intentions," said Che Shanglun, chairman of Xiamen Airlines, a subsidiary of China Southern Airlines <600029.SS><1055.HK>, which has committed to buying up to 50 of the 158-seat C919s.
http://finance.yahoo.com/news/ready-off-chinas-answer-boeing-now-just-needs-230556800--sector.html
By Brenda Goh and Tim Hepher
ReutersApril 25, 2017
By Brenda Goh and Tim Hepher
SHANGHAI/PARIS (Reuters) - When China unveiled an historic order for its first large commercial jetliner at a national air show in 2010, Western journalists were kept away, and only local media were allowed to witness a major turning point in China's aviation ambitions.
The COMAC C919 jet is expected to stage its maiden flight in the coming weeks, and foreign media and potential buyers will be invited in force - illustrating how Beijing is adjusting to competition for a slice of global jet sales worth $2 trillion over the next 20 years.
But after three years of delays and almost a decade in development, China's answer to the Boeing 737 and its state-owned designers face a daunting phase: selling the jet abroad in a market dominated by Boeing and Airbus . "They will be trying to compete on price against people who are building aircraft at a much faster pace and with more experience, so there's a risk of getting bled dry," said Richard Aboulafia, aerospace analyst at Virginia-based Teal Group.
Commercial Aircraft Corporation of China (COMAC) has some cards to play: its plane has Western engines and avionics coupled with a new design; it's rolling out a pilot training program, expanding international staff and has strong, behind-the-scenes backing from Beijing, industry executives say.
And though still unproven, COMAC could be the single biggest threat over the coming decades to the dominance of Boeing and Airbus, both in China's own huge aviation market and, longer-term, overseas. The C919 is the first step to this.
Beijing's backing for the single-aisle plane gives COMAC a springboard in the world's fastest-growing domestic market, even though the company acknowledges much bigger hurdles abroad.
"You can't compare us to Boeing or Airbus, they're in a different strategic stage... We took half a century to solve the first strategic issue (of plane development), it will also take many years to solve the second (market) problem," said Jeff Cheng, a spokesman for COMAC. "After the first flight, we have to focus and research on how to improve the plane's and COMAC's market competitiveness."
Eric Chen, president of Airbus Commercial Aircraft China, welcomed the competition from COMAC, and a China-based spokesman for Boeing congratulated the company on developing the C919.
GLOBAL SUPPORT NETWORK
The C919 has chalked up 570 firm orders and commitments from 23 customers, mainly Chinese state-backed airlines and leasing companies, but says it is not able to give a breakdown.
In comparison, the latest version of the Boeing 737 had more than 3,000 firm orders before it flew last January.
Those types of numbers from the two big global planemakers come after decades of trimming costs and honing marketing pitches. The two have global support networks able to respond whenever a jet breaks down just about anywhere, and the number of jets flying makes it easier for airlines to raise loans to buy them.
While Chinese financiers have muscled into the global aviation arena, COMAC has a relatively low-key presence at international air shows and has said the C919 will initially be aimed at the domestic market. But there are signs it's adopting a more outward-facing approach.
While operating manuals for COMAC's smaller ARJ21 regional jet, which took its first flight in 2007, were written in Mandarin, the C919's will be in English to support sales.
COMAC's sales and support networks - it has at least 50 people in its sales and marketing departments, says Cheng - are, however, a fraction of those at Boeing and Airbus.
Still, COMAC's home advantage is significant as Chinese airlines are likely to drive airplane demand over the next two decades, buying nearly 7,000 planes - mostly from Boeing and Airbus.
"Their sales person is the government," said a Chinese airline executive, who didn't want to be named for risk of damaging business relationships. "As long as the government tells the state airlines to purchase planes, that will happen."
Airline executives say the first flight is when COMAC can realistically start discussing deposits and firming up customers, even if the plane still faces years of testing.
"We haven't placed a deposit; at the moment it's intentions," said Che Shanglun, chairman of Xiamen Airlines, a subsidiary of China Southern Airlines <600029.SS><1055.HK>, which has committed to buying up to 50 of the 158-seat C919s.
http://finance.yahoo.com/news/ready-off-chinas-answer-boeing-now-just-needs-230556800--sector.html
Rusty
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A lot of people will be nervous to fly in these due to "Made in China"
But if China puts a lot of quality assurance in these plane and show people that it's a quality product, it should have problem completing, especially with budget airlines.
But if China puts a lot of quality assurance in these plane and show people that it's a quality product, it should have problem completing, especially with budget airlines.
Taygibay
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First congrats to China! Second, a couple pointers ...
the final product will have to meet the same demands
as in choosing a proven foreign power plant and parts
regarding security as other jets so it won't be cheap
neither quality nor price wise, discount maybe at most;
and the world domination can wait guys : how many
times has it got to be explained that every time China
enters a new production area, its internal market is the
first target as it is more than big enough to sustain the
growth of a maker until they reach world class size?
Don't hurry, be happy, Tay.
the final product will have to meet the same demands
as in choosing a proven foreign power plant and parts
regarding security as other jets so it won't be cheap
neither quality nor price wise, discount maybe at most;
and the world domination can wait guys : how many
times has it got to be explained that every time China
enters a new production area, its internal market is the
first target as it is more than big enough to sustain the
growth of a maker until they reach world class size?
Don't hurry, be happy, Tay.
beijingwalker
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China’s New Jet Will Seek Share of World’s Largest Aircraft Market
Bloomberg News
2017年4月26日 GMT+8 上午6:00
China is set to become the world’s largest market for aircraft and the nation’s first domestically developed large jet will aim to grab a share of that business.
The country will need 6,810 aircraft valued at more than $1 trillion in the two decades through 2035, Boeing Co. predicted in September. That would make China the biggest single-country market for planes, and the third-largest as a region, behind Europe and North America.
State-backed Commercial Aircraft Corp. of China Ltd. is poised to conduct the first flight of the locally built C919 before the end of May, according to two people familiar with the matter, who asked not to be identified because the information isn’t public. The test flight is delayed by more than a year.
The nation will surpass the U.S. as the world’s largest air-travel market even sooner, around 2024, according to the International Air Transport Association. The number of people flying to, from and within China will jump to 1.3 billion by 2035, compared with 1.1 billion for the U.S., IATA said.
Of China’s total plane demand in the 20-year period, 75 percent will be single-aisle -- a category dominated by Boeing’s 737 and Airbus SE’s A320 family that the C919 will be looking to break.
China Eastern Airlines Corp. will be the first carrier to take delivery of the C919. Comac received 570 orders as of November for the plane, which will need to be certified by U.S. and European authorities before it can fly there.
https://www.bloomberg.com/news/arti...w-jet-amid-forecast-for-1-trillion-new-planes
Bloomberg News
2017年4月26日 GMT+8 上午6:00
China is set to become the world’s largest market for aircraft and the nation’s first domestically developed large jet will aim to grab a share of that business.
The country will need 6,810 aircraft valued at more than $1 trillion in the two decades through 2035, Boeing Co. predicted in September. That would make China the biggest single-country market for planes, and the third-largest as a region, behind Europe and North America.
State-backed Commercial Aircraft Corp. of China Ltd. is poised to conduct the first flight of the locally built C919 before the end of May, according to two people familiar with the matter, who asked not to be identified because the information isn’t public. The test flight is delayed by more than a year.
The nation will surpass the U.S. as the world’s largest air-travel market even sooner, around 2024, according to the International Air Transport Association. The number of people flying to, from and within China will jump to 1.3 billion by 2035, compared with 1.1 billion for the U.S., IATA said.
Of China’s total plane demand in the 20-year period, 75 percent will be single-aisle -- a category dominated by Boeing’s 737 and Airbus SE’s A320 family that the C919 will be looking to break.
China Eastern Airlines Corp. will be the first carrier to take delivery of the C919. Comac received 570 orders as of November for the plane, which will need to be certified by U.S. and European authorities before it can fly there.
https://www.bloomberg.com/news/arti...w-jet-amid-forecast-for-1-trillion-new-planes
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