One question to all members (especially Chinese ones):-
Dont get me wrong here and I am not trying to compare either, this question is just out of curiosity.
Why is that CAC and SAC revenues are not too large?
What is the production capacity at CAC and SAC?
I mean, both CAC and SAC are big companies but then revenue wise why are they smaller than the Indian HAL ?
CAC and SAC are all the subcompanies of AVIC(Aviation Industry Corporation of China), and
Subsidiaries and Affiliates
China Aviation Industry Corporation (AVIC) is an ultra large state-owned enterprise and an investment institution, authorized and managed by the Central Peoples Government. It is reorganized from AVIC I and AVIC II. The Corporate is managed through 10 business units: defense, transport aircraft, aviation engine, helicopters, avionics, general aviation aircraft, aviation research and development, flight test, trade & logistics, asset management. It has nearly 200 subsidiaries (branches) and over 20 listed companies.
AVIC develops in series fighter, fighter bomber, bomber, transport, trainer, reconnaissance aircraft, helicopter, attack aircraft, general aviation aircraft, UAV, etc. It also develops engines and missiles, such as turboprop engines, turbo-shaft engines, turbojets, turbofans, air-to-air missiles, air-to-surface missiles and ground-to-air missiles. It develops and builds brand aircraft including J-10, FBC-1, FC-1, L-15, JL-9, etc., brand engines such as Taihang, Qinling, Kunlun, etc. It provides advanced aviation-weaponry to Chinese military forces.
AVIC would uphold the principle as to Connect the defense and commercial development and achieve synergy between the military and civil business and vigorously develop civil and military transport with new concept, new idea and new measure. AVIC is developing and manufacturing aircraft in series, such as turbo propeller regional aircraft of MA-60, MA-600 and MA-700, transport of Y-8 & Y-12, and Z-9 helicopter. AVIC is the major developer and supplier of ARJ21 regional aircraft and will also play a key role in the large aircraft program.
AVIC works together with the world aviation industry extensively under the principle of just partner but not competitor. The corporate involves in international programs, such as FC-1, K8, EC120 helicopter, ERJ145. Meanwhile it actively participates in the key development programs, and develops subcontracting production businesses. It applies the advanced aviation technology into products i.e. automobile, motorcycle and engine, spare parts. It develops mechanical electrical products including gas turbines, refrigerating equipments, electronic products, environment protection equipments, new energy equipments. It also provides services such as: aircraft leasing, general aviation, air transportation, medical service, construction survey and design, civil engineering contracting and construction, real estate/property development.
AVIC is one of the leading companies in science & technology development in China. It has a high-level research network include 33 research institutes and China Aviation Establishment. It has a large team of academicians and national-class experts. A large number of research & test facilities take the lead in Asia or in the world. AVIC intranet, connecting all the domestic AVIC subsidiaries and affiliates, greatly facilitates the collaboration on information flow necessary for concurrent design and manufacturing at different locations.
AVIC commits to contribute to the Nation with Aviation industry, strengthen the military forces and enrich the people and carries out the philosophy of commitment and integrity, innovative and preeminent, firmly holds the opportunity of wealth revolutionary, takes great efforts to carry out market-oriented reform, center-of-excellence-based integration, capital operation, globalization-based development, and industrial-scale-based growth, strikes for higher, faster and stronger development, march towards the goal of becoming world-class corporation.
