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**esanamaserrn** · 11-17-2010, 01:39 PM

GFK - what you fail to note is that all these JV are required to setup operations in China.

Chinese are not relearning the wheel, they want to move up the curve fast. So they take this huge bat and whacked it on the head of GE, Honeywell, Safrane, etc etc etc - you want a piece of this market follow our rules. BTW GE is one of the companies placing orders for this jet!!!! Talk about sucking up to Beijing.

And they have the market with the cash to boot. This is the big stick they are using - $480Billion in jets over the next 20 years!

"China will likely need 4,330 new planes, worth $480 billion, by 2029, according to Chicago-based Boeing, as economic growth spurs leisure and business travel. Nationwide airline passenger numbers jumped 18 percent from a year earlier in the first nine months to 200.7 million, according to the Civil Aviation Administration of China. "

China’s challenger to Boeing Co. and Airbus SAS expects to announce the first order for its single- aisle passenger plane next week, breaking into a market that may be worth $1.68 trillion over 20 years.

Commercial Aircraft Corp. of China plans to announce the C919 deal at Airshow China, held in the southern city of Zhuhai, Yuan Wenfeng, deputy general manager at its program management department, said by phone last week. He declined to say how large the order will be or who the customer is.

The C919 increases competition for Boeing’s 737 and Airbus’s A320 in the narrowbody segment that will be the largest part of the global plane market through 2029, according to Boeing. The Zhuhai exhibition, which starts Nov. 16, will also feature debuts for a dozen locally developed planes and the first show flight for Comac’s ARJ21 regional jet, as China showcases efforts to develop its aerospace industry.

“This is a big breakthrough for China, which will eventually become a player in the global aircraft market,” said Bai Bingyang, an analyst at Capital Securities Corp in Shanghai. “Boeing and Airbus’s duopoly will be under threat.”

Government-controlled Comac may sell more than 2,000 C919s worldwide over 20 years, Yuan said in February. The company aims to announce orders for 100 this year, he said then. Air China Ltd., China Southern Airlines Co. and China Eastern Airlines Corp., the nation’s big three state-controlled carriers, have all said they will support local planemakers.

“The C919 is a project that China is determined to make a mark with,” said Armand Cao, a Shanghai-based analyst at Frost & Sullivan China. The first orders will likely come from domestic carriers, he said.

Narrowbody Competition

The 168-seater C919 is due to enter service in 2014. The ARJ21, which is running at least a year behind schedule, can carry about 70 passengers. Comac signed an order for as many as 25 ARJ21s with GE’s plane-leasing arm at the 2008 Zhuhai show, its first overseas deal.

State-controlled Comac will have a 1,500 square-meter stand at this year’s Zhuhai show, which runs from Nov. 16 to Nov. 21. The event will feature about 600 exhibitors, including Boeing, Airbus, Rolls-Royce Group Plc and Honeywell International Inc., according to the organizers. China’s J-10 fighter jet, Bombardier Inc. business jets and Airbus’s A380 will be among the roughly 70 planes on display.

“We’re expecting strong interest and a large turnout,” Yuan said. “China’s aviation industry has been growing very rapidly and this momentum will continue.”

GE, Honeywell

Comac is working with overseas suppliers on the C919, including CFM International Inc., a venture between General Electric Co. and Safran SA that has won a $10 billion contract to make the plane’s engines. Other suppliers include Honeywell, United Technologies Corp. and Parker Hannifin Corp.

Chinese airlines have continued to buy Boeing and Airbus planes even as China develops its own aircraft. Last week, Toulouse, France-based Airbus won orders for 102 planes from China, including 50 A320s. The planemaker will assemble half of the single-aisle planes at a plant in Tianjin, China, its only production line outside of Europe. Boeing has won 737 orders from Air China and Okay Airways Co. this year.

China will likely need 4,330 new planes, worth $480 billion, by 2029, according to Chicago-based Boeing, as economic growth spurs leisure and business travel. Nationwide airline passenger numbers jumped 18 percent from a year earlier in the first nine months to 200.7 million, according to the Civil Aviation Administration of China.

The growth in China and other markets means that the global narrowbody fleet will likely more than double by 2029 to 25,000 planes, according to Boeing’s forecast. Such expansion may be enough to sustain an increasing number of suppliers, said Randy Tinseth, the planemaker’s marketing vice president.

“That’s clearly room for us to grow, that’s room for Airbus to grow and that’s probably room for one or more competitors,” he said last week in Beijing.

To contact the reporter on this story: Wing-Gar Cheng in Hong Kong at wgcheng@bloomberg.net

To contact the editor responsible for this story: Neil Denslow at ndenslow@bloomberg.net

Honeywell International Inc. will supply power units, onboard computing systems, wheels and brakes;

Rockwell Collins Inc. will handle navigation systems;

GE Aviation is building the avionics;

Eaton Corp. is involved with fuel and hydraulics;

Parker Aerospace of Irvine, Calif., is responsible for flight controls.

Powering the aircraft will be two fuel-efficient engines
built by CFM International, a company co-owned by GE
and French conglomerate Safran.

Apart from this, the landing gear will be by supplied by HS, Canada.

These constitute almost 80% of the aircraft's engineering value.

Protecting secrets

Roger Seager, GE Aviation’s vice president and general manager for China, said he was
confident that his company could protect its intellectual property.

11-17-2010, 01:39 PM	#14
esanamaserrn Join Date Oct 2005 Posts 475 Senior Member	GFK - what you fail to note is that all these JV are required to setup operations in China. Chinese are not relearning the wheel, they want to move up the curve fast. So they take this huge bat and whacked it on the head of GE, Honeywell, Safrane, etc etc etc - you want a piece of this market follow our rules. BTW GE is one of the companies placing orders for this jet!!!! Talk about sucking up to Beijing. And they have the market with the cash to boot. This is the big stick they are using - $480Billion in jets over the next 20 years! "China will likely need 4,330 new planes, worth $480 billion, by 2029, according to Chicago-based Boeing, as economic growth spurs leisure and business travel. Nationwide airline passenger numbers jumped 18 percent from a year earlier in the first nine months to 200.7 million, according to the Civil Aviation Administration of China. " China’s challenger to Boeing Co. and Airbus SAS expects to announce the first order for its single- aisle passenger plane next week, breaking into a market that may be worth $1.68 trillion over 20 years. Commercial Aircraft Corp. of China plans to announce the C919 deal at Airshow China, held in the southern city of Zhuhai, Yuan Wenfeng, deputy general manager at its program management department, said by phone last week. He declined to say how large the order will be or who the customer is. The C919 increases competition for Boeing’s 737 and Airbus’s A320 in the narrowbody segment that will be the largest part of the global plane market through 2029, according to Boeing. The Zhuhai exhibition, which starts Nov. 16, will also feature debuts for a dozen locally developed planes and the first show flight for Comac’s ARJ21 regional jet, as China showcases efforts to develop its aerospace industry. “This is a big breakthrough for China, which will eventually become a player in the global aircraft market,” said Bai Bingyang, an analyst at Capital Securities Corp in Shanghai. “Boeing and Airbus’s duopoly will be under threat.” Government-controlled Comac may sell more than 2,000 C919s worldwide over 20 years, Yuan said in February. The company aims to announce orders for 100 this year, he said then. Air China Ltd., China Southern Airlines Co. and China Eastern Airlines Corp., the nation’s big three state-controlled carriers, have all said they will support local planemakers. “The C919 is a project that China is determined to make a mark with,” said Armand Cao, a Shanghai-based analyst at Frost & Sullivan China. The first orders will likely come from domestic carriers, he said. Narrowbody Competition The 168-seater C919 is due to enter service in 2014. The ARJ21, which is running at least a year behind schedule, can carry about 70 passengers. Comac signed an order for as many as 25 ARJ21s with GE’s plane-leasing arm at the 2008 Zhuhai show, its first overseas deal. State-controlled Comac will have a 1,500 square-meter stand at this year’s Zhuhai show, which runs from Nov. 16 to Nov. 21. The event will feature about 600 exhibitors, including Boeing, Airbus, Rolls-Royce Group Plc and Honeywell International Inc., according to the organizers. China’s J-10 fighter jet, Bombardier Inc. business jets and Airbus’s A380 will be among the roughly 70 planes on display. “We’re expecting strong interest and a large turnout,” Yuan said. “China’s aviation industry has been growing very rapidly and this momentum will continue.” GE, Honeywell Comac is working with overseas suppliers on the C919, including CFM International Inc., a venture between General Electric Co. and Safran SA that has won a $10 billion contract to make the plane’s engines. Other suppliers include Honeywell, United Technologies Corp. and Parker Hannifin Corp. Chinese airlines have continued to buy Boeing and Airbus planes even as China develops its own aircraft. Last week, Toulouse, France-based Airbus won orders for 102 planes from China, including 50 A320s. The planemaker will assemble half of the single-aisle planes at a plant in Tianjin, China, its only production line outside of Europe. Boeing has won 737 orders from Air China and Okay Airways Co. this year. China will likely need 4,330 new planes, worth $480 billion, by 2029, according to Chicago-based Boeing, as economic growth spurs leisure and business travel. Nationwide airline passenger numbers jumped 18 percent from a year earlier in the first nine months to 200.7 million, according to the Civil Aviation Administration of China. The growth in China and other markets means that the global narrowbody fleet will likely more than double by 2029 to 25,000 planes, according to Boeing’s forecast. Such expansion may be enough to sustain an increasing number of suppliers, said Randy Tinseth, the planemaker’s marketing vice president. “That’s clearly room for us to grow, that’s room for Airbus to grow and that’s probably room for one or more competitors,” he said last week in Beijing. To contact the reporter on this story: Wing-Gar Cheng in Hong Kong at wgcheng@bloomberg.net To contact the editor responsible for this story: Neil Denslow at ndenslow@bloomberg.net Honeywell International Inc. will supply power units, onboard computing systems, wheels and brakes; Rockwell Collins Inc. will handle navigation systems; GE Aviation is building the avionics; Eaton Corp. is involved with fuel and hydraulics; Parker Aerospace of Irvine, Calif., is responsible for flight controls. Powering the aircraft will be two fuel-efficient engines built by CFM International, a company co-owned by GE and French conglomerate Safran. Apart from this, the landing gear will be by supplied by HS, Canada. These constitute almost 80% of the aircraft's engineering value. Protecting secrets Roger Seager, GE Aviation’s vice president and general manager for China, said he was confident that his company could protect its intellectual property.
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