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© 2020 AFPAsian plane makers struggle to take off in crowded market
By Martin Abbugao SINGAPORE©2024 GPlusMedia Inc.
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© 2020 AFP
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Sh1mon M4sada
Unrealistic figure. Regional market is highly fragmented with regional jets occupying less than half of market share, and soon less because of climate change. It's no coincidence that ATR and Bombardier turboprops are still flying today despite being based on old airframes. They are at least 30% more efficient, can take off and land at more airports, cheaper to run (Dash 8 can break even at 1/3 full), and reliable.
As for economics. Longview Aviation Capital just paid $300 millions the the entire Bombardier Q line (which includes the Dash 8), with firm orders on the book and possible revival of JV with Korea Aerospace. Compare this to $7.3 billions, and nothing to show for it, and no clarification as to the nature of the order book.
I'm hoping I'm wrong for the sake of MHI employees, but until they clarify the 'firmness' of the orders it's only as good as an expression of interes.
Samit Basu
@JeffLee
Mitsubishi : Sell 500 jets to the US regional airlines, 400 to Japanese low-cost airlines.
COMAC : Replace Boeing and Airbus imports with the C919.
@JoseRaul
That's not what Chinese are aiming for. All they need to do is to replace Boeing and Airbus imports with COMAC jets. No need to export, domestic consumption alone is large enough to justify such a program.
mmwkdw
The problem with any new entrant into the Commercial Jet market place, is that they're new.... and as such has no track record on Safety, let alone experience. Sadly, most of the changes to aircraft safety have been as a result of fatal crashes - we learn by our mistakes.... so for a new entrant... ?
Jose Raul
The idea of having Chinese made jets in the western market just won’t fly (excuse the pun)
Main reason being, as pointed in this article, “rigorous safety standards”, which is not part of Chinese culture when it comes to manufacturing and industrial processes in general. Japan has an edge here and they will exploit it.
Abhi
Then why is there years of waiting list for planes ?
Wesley
To quote a previous Japan Today article:
A china-made plane carrying hundreds of lives, including that of babies and children....made from stolen technology.
I'd rather trust a B737 Max.
Tyler Stone
Crowded *Duopoly
JeffLee
What kind of business models do these plane-makers operate on? What do their shareholders have to say about about, because I would be really, really p***ed off, given the massive capital investment involved and the sky-high barrier entries.