Reuters (November 26)
China’s 10-year “Made in China 2025” masterplan ruffled global feathers upon introduction nearly a decade ago. The plan “laid out sweeping goals across aviation, robotics and other sectors aimed at transforming the world’s second largest economy into a ‘manufacturing superpower.’” This November, a U.S. government report “found that … the country has ‘met or exceeded many of the very ambitious global market share, local sourcing and technological development targets.’” China’s next plan is also likely to create international backlash. “All eyes are on China’s next economic blueprint. Indeed, a Made in China 2035 plan is probably already underway,” but being kept “under wraps.”
Tags: “Made in China 2025”, Ambitious, Aviation, Backlash, Economy, Global market share, Goals, Local sourcing, Manufacturing superpower, Masterplan, Robotic, Technological development, Transforming, U.S.
South China Morning Post (February 11)
“China has long held ambitions of turning global aviation into an ‘ABC’ market: breaking the duopoly of Airbus and Boeing with the entry of world-class Chinese jets. That strategy is already well under way, with the state-owned Commercial Aircraft Corporation of China (Comac) having already received orders for hundreds of its regional and narrowbody planes.” Its ambitions to develop a world-class jumbo jet, however, “may hinge on cooperation from Western regulators and suppliers.”
Tags: ‘ABC’ market, Airbus, Ambitions, Aviation, Boeing, China, Comac, Global, Jets, Jumbo jet, Narrowbody, Planes, Regional, Regulators, Suppliers
Seattle Times (September 27)
“Built to carry nine passengers and one or two pilots,” the flight demonstrated “the potential for an electric commercial commuter aircraft flying a few hundred miles between cities at an altitude of around 15,000 feet.” Clearly, “the technology is pioneering and puts this region at the forefront of efforts to develop a zero-emission, sustainable era in aviation.” The larger question, however, is “whether it can deliver the economic returns necessary to become a commonplace mode of air travel.”
Tags: Aircraft, Aviation, Commercial, Commuter, Economic returns, Electric, Flight, Forefront, Passengers, Pilots, Pioneering, Potential, Sustainable, Technology, Zero-emission
Seattle Times (October 27)
“The world’s biggest buyers of commercial jets believe Boeing, which is set to report more heavy financial losses Wednesday, has fallen significantly below parity with rival Airbus — with limited options for recovery as it bleeds cash during the pandemic-driven aviation crisis.”
Tags: Airbus, Aviation, Bleeds, Boeing, Buyers, Cash, Commercial jets, Limited, Losses, Options, Pandemic, Parity, Recovery, Rival
Chicago Tribune (December 17)
“Chicago-based Boeing said Monday that it will suspend production of the Max starting sometime in January.” The 737 Max is the largest U.S. export product. “Shares of major manufacturers that supply Chicago-based Boeing with critical elements of the 737 Max fell Tuesday” and the “ramifications are likely to ripple beyond the factory floor and across both the aviation and manufacturing sectors. The decision could affect the country’s trade balance.”
Tags: Aviation, Boeing, Chicago, Export, Manufacturers, Manufacturing, Production 737 Max, Ripple, Shares, Suspend, Trade balance, U.S.
