China needed foreign suppliers to build the C919, but they were reluctant to provide state-of-the-art components due to fears of IP theft. The result – a plane with underwhelming performance. ‘Yesterday’s technology available today,’ scoffs one aviation expert.
Spectators take photos as they watch the Comac C919, China's first large passenger jet, coming in for a landing on its maiden flight at Shanghai's Pudong airport on May 5, 2017.China wanted its own large passenger jet.
The Chinese government is believed to have sunk eye-popping sums of money into the Commercial Aircraft Corporation of China , which was tasked with developing the C919, as well as a smaller regional jet that’s already on the market and a wide-body plane in a partnership with Russia that’s made minimal progress. Scott Kennedy, an expert on the Chinese economy at the Center for Strategic & International Studies in Washington, estimates Comac has receivedfrom its founding in 2008 to 2020.
who targeted aerospace companies. “A supplier would have to be out of their mind to provide the latest and best,” said Richard Aboulafia, a consultant with AeroDynamic Advisory.GE That rules out using the C919 on hundreds of routes around the world already being served by the A320 and 737 MAX, which Boyd said is a deal-killer for selling the plane overseas., roughly $90 million — but it’s expensive and time-consuming for airlines to train pilots and mechanics to switch over to a new aircraft type, said Boyd.
The share Boeing might get of that is in doubt, with the Chinese government having frozen deliveries of the U.S.-based company’s planes in the country following the crash of two MAX jets and a U.S. trade war with China begun during the Trump administration.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NASA chief says cooperation with China in space is up to ChinaAdministrator calls for openness, but NASA is restricted from bilateral engagements.
Read more »
UK invites Taiwan to sign queen’s condolence book in symbolic China rebukeThe U.K. acknowledged Taiwan's status as a self-governed country by inviting its representative in The UK to sign Queen Elizabeth II's condolence book on Sunday.
Read more »
Copper price grinds higher amid firmer DXY, mixed concerns over ChinaCopper price remains sidelined amid a sluggish start to the key week as traders struggle to justify mixed catalysts during the holidays in Japan and t
Read more »
Steel price rebounds on covid updates, comments from Fitch on ChinaSteel price rebound from nearly eight-day low on cautious optimism surrounding China. Also favoring the metal buyers could be the absence of Japan and
Read more »
China Wants Taiwan and the Clock Is Ticking Louder Every Day“The most pressing issue right now concerns China’s reckless assertions of sovereignty over the entire Taiwan Strait, and the militarization of seven islands in the South China Sea. ”
Read more »