Russia's and China’s aircraft consigns Airbus and Boeing to oblivion

[beijingwalker]

Russia's and China’s aircraft consigns Airbus and Boeing to oblivion

 

[shjliu]

looking good!

 

[anon45]

lolk

 

[shadows888]

lolk

you can lol ok all you want, but many american industries have already been crushed by their Chinese competition. Aviation and semi conductors are naturally the next step as china move up the value chain.

 

[AViet]

Just wait and see. The character I respect from the Chinese is that they do not brag. Just do it and we'll see.

 

[patero]

So this C929 is a direct competitor to the Airbus a 350 and the boeing 787.

Russia's United Aircraft Corporation and the Commercial Aircraft Corporation of China have signed an agreement this summer on a joint enterprise for development, production and sales of
a wide-body long-range aircraft, which is also known as the C929. First flight is to take place in 2023, and deliveries will be started in 2026. The project presupposes three models of an aircraft, the basic one is designed for 280 passengers. The program is to last till 2045. It is planned that the aircraft will be more effective by 10-15% than Boeing 787 Dreamliner and Airbus 350. ‘Reduction of direct operational expenses by over 10% will provide up-to-date bypass engines and latest achievements in aerodynamics and composite materials. Along with attractive cost, it will have an advantage over competitors,’ representative of the United Aircraft Corporation said.
The development will cost $13bln, $7bln will go to marketing, spare parts and so on. Expenses will be shared by China and Russia equally.
The price of an aircraft is to make $113.5-117.8m, the first year it will be 20% cheaper than its competitors. By 2045 the development should bring $123bln of returns and $9.6bln of net profit. Given this, the sales can make up 1,000 aircraft.

Seems very fanciful. UAC made similar claims about the mc-21, claims which have not translated into sales. Its also reliant on many US suppliers. Much of this can be said about the Comac C919 as well.

Whether UAC and Comac can combine to deliver the aircraft that meets these claims is uncertain, the proposed development budget of 13 billion seems far too low. They also do not state which model 787 or a350 they are comparing their aircraft to.