Also from the article: “China will more than double its commercial airplane fleet by 2043 and will need 8,830 new planes, Boeing’s annual Commercial Market Outlook said in July.”
So China needs 8,830 new planes by 2043, but COMAC is predicted to have produced only 1,700 by 2042. And that is not considering the robust demand for aircraft from the rest of Asia.
When we note how rapidly China went from a technological backwater to becoming by far the world’s largest producer of steel, and of ships, and of automobiles, and of electronics … it is a good bet that Airbus and Boeing are heading into very difficult times, with the C919 apparently significantly undercutting Airbus/Boeing prices. Maybe that is why Airbus has already shifted some production to China?
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Aircraft are challenging things. It seems that Airbus has problems too – with its UK-sourced engines, this time.
Cathay Pacific halts flights on Airbus jets over engine component failure | Aviation News | Al Jazeera
Hong Kong’s Cathay Pacific Airways has started a fleet-wide inspection of its Airbus aircraft after identifying an engine component failure, sending shares in British engine maker Rolls-Royce down sharply. …
The failure was identified in an aircraft that was forced to return to Hong Kong during a flight to Zurich on Monday. Cathay did not describe the component in detail but said it was the first of its type to suffer such a failure on any A350 aircraft worldwide. …
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737 self esteem is so low we now have Boeing on Boeing violence:
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