Posted on 12/01/2018 11:44:08 AM PST by Simon Green
Boeing has officially delivered 2,000 aircraft to China. The latest plane — a Boeing 737 MAX operated by Xiamen Airlines — marks yet another milestone for Boeing and China. It took Boeing four decades to reach the first 1,000 deliveries. But with China’s rapid growth rates, this new milestone was reached in just five years. Boeing says that currently one out of every four aircraft it’s producing is headed to China.
Boeing has heavily invested in China, now the second largest economy on the planet. Its work there reportedly accounts for $1 billion in economic activity in China. Every Boeing plane currently on the market has parts built in China, including the 737 MAX, 777 and 787 Dreamliner. Boeing and the Commercial Aircraft Corp. of China now have a joint facility that will be finishing — installing interiors and handling exterior paint work — and delivering planes to carriers based in China. The facility is due to deliver its first 737 MAX some time in December 2018.
And it’s no surprise that Boeing is investing heavily in China. Boeing forecasts that China will need 7,690 new aircraft by 2038. This number is way up compared to when the company delivered the 1,000th plane just five years ago. At that milestone, Boeing was estimating that China would need only 5,260 new aircraft by 2033.
This is great news for Boeing investors, as the order log should have plenty of work during the next 20 years. Although China’s economy does seem to be slowing down, it’s still reporting growth rates that would be the envy of most countries.
With one in four of Boeing’s planes being sent to China, the company plans to continue investing there. Now that there are really only two players in the commercial aviation space — with Bombardier selling the C Series to Airbus — it’s clear that Boeing is firmly focused on keeping the throttles forward when it comes to China.
Airbus, however, delivered its 1,000th aircraft to China in 2013 — the same year as Boeing — but is only on pace to hit the 2,000th unit in 2020. It’s clear that Boeing is well outpacing its only real competition in the Chinese market. Overall, this comes as great news for the people Boeing employs in China, not to mention Boeing’s investors.
Its an important business for them, for sure.
Its also interesting how everyone recognizes it as “2000th delivery to CHINA.”
Not a delivery to China Southern airlines, not to China Airlines, not to Hainan Airlines, as such milestones are marked elsewhere - but to CHINA.
Everyone subconsciously realizes they are dealing with the Chinese Empire, its Emperor, and his Party.
I’m so jaded by what china does. Likely the whole point of bringing in boeing and airbus is just to steal their technology and reproduce a Chinese jet from boeing and airbus designs that will supplant them first in china and then worldwide.
So, do these planes fly, or are they teardowns?
So THAT’S why my RT ticket to the Philippines for April 2019 (not yet purchased) almost doubled for April 2018
THIS!
Exactly, but the thing is that both Boeing and Airbus know this. They know China will take the technology, make poor reproductions of it, and then eventually make better/as good versions of it. Basically what Japan did with the automobile industry - just at a larger scale. Their dilemma though is they believe they cannot abandon the immediate market opportunity, and thus they will play along until they eventually get hoisted by their own petard
How much TECH did they have to give the thieving ChiComs?
Probably, but China doesn’t have any pilots. There’s a pilot shortage all over the world. Old guard is retiring or getting forced out due to age restrictions. Lots of the military guys, due to the operational tempo of the GWOT, don’t want to fly anymore. They get a decent pension from the military and then a desk job in middle or upper level management, weekends off, holidays off and they’re not responsible for a few hundred people.
There’s a flight school outside of Atlanta that has a contract with the Chinese government to get Chinese students up to speed from Zero to Hero, on flying commercial aircraft. Went there to ask about taking classes and there had to be a few hundred of them, running around. They’re not allowed to speak Chinese, at all, during the school day. Flight school rep says they just rotate them thru. School is making bank.
This is what I’m talking about
China’s rival to Boeing 737 now has nearly 1,000 orders
The bimbo eruptions at Boeing will never see anything like 7000 orders from China. They’re at their peak right now. Like everyone else who does business in China —they have been had.
From takeoff to landing, modern passenger jets practically fly themselves. The two people occupying the flight deck of today's 737 do little more than monitor instruments and taxi in and out of parking spots on the ground.
Once the flying public accepts it, there won't be human pilots on the airplane at all. It'll be a technician wearing a spiffy uniform, carrying a tablet to look important but mostly he'll be flirting with the flight attendants.
from not for
In other words the current C-level execs are willing to sacrifice the company's long term viability for their short term bonuses.
So........ looks like all the leftovers go to SA?
hmmmm....makes me think of Jamal Khashoggi & within
the framework there was to be a meeting for arms
sales & a lotta’ other countries pulled out because
lil’ Mr. WashCompost clown in action & muzzie brudder
hood got caught up in lil’ Miss Hatice Cengiz honey trapamente
Hatice met him in May 2018 and 7 mos l8r she’s convinced
him to “marry” her.
Ok hunny bunny I’ll wait outside while you get your divorce
papers and when I don’t see you come out I’ll just mosey
on home. Cengiz a willing dupe & plays both sides.
She is quite valuable to clowns.
https://www.youtube.com/watch?v=pRE23YfSvc8
MBSalman wanted to settle a score & prohibit Jamal
in a number of diff ways *more on that later*
Jamal wasn’t about to put himself on a flight back
to SA .... Cengiz convinced him to go the embassy there in
Turkey.
Here’s a side bar for those interested in Maria Bartiromo
interviewing PR Al-Waleed
https://www.youtube.com/watch?v=JdPHFaWFCK4
When you begin to watch PR Al-Waleed you will notice
tremor, eye-brow lifting, shoulder shifting, etc.
These are all signs of neurological damage that he
from traumatic head injury &imho it looks like someone
took a baseball bat to his head.
This interview is Al-Waleed’s public apology to MBSalman & the entire Middle East.
MBSalman took his cut in cash from Al-Waleed . Al-Waleed
gave him the dough & was released
That plane will probably be the last jet China ever purchases from Boeing. By the time they reverse engineer that plane it will be all over for Boeing and the other manufacturers who made the other major components.
China produces and sells smaller commercial jets - Boeing knockoffs!? With $1B annual revenues coming from there, short-sighted Boeing chiefs would be willing to handover whatever technology they want.
Its the old “Quarterly Report” crapola again. As long as its in the black their bonuses are guaranteed.
One more reason to get rid of the “Quarterly Reports”. Six months is good!
Exactly. It’s no different than all the 3rd world countries in Africa, Central/South America and the Middle East. The Chinese are nothing but loan sharks and the ultimate predatory lenders. The clinton’s and their partners in Whitewater probably hold them up as heroes. They make deals with countries they know can’t pay them back and when they call the marker, it’s either cough up the cash they don’t have....OR...let us have all the precious metals you’re sitting on(Africa)...OR...let us have all your oil(Venezuela).
Of course, their stuff will be falling out of the sky as they’re incapable of making anything of quality, with their slave labor, but they will sell them. And then Boeing is going to come running to Uncle Sugar, asking for help and wondering how people so smart, got taken for such a ride.
And I think every Boeing model in China, including the 737 MAX has been dismantled and examined in the interest of reverse engineering. In future, Commercial Aircraft Corp. of China and others will be at least installing interiors and handling exterior paint work on Boeing knock-offs.
Which is besides what they stole. Like,
A $202 million-per-unit craft developed by Boeing, the C-17 had been one of the most expensive military planes ever developed by the US Air Force, costing more than $31 billion to create in the 1980s and ’90s.
American intelligence agencies knew that, for years, the Chinese had been struggling to build their own large cargo plane, a necessary tool for any modern military that wants to project its power over a large area. Now Beijing was evidently making some headway—by raiding Boeing’s trade secrets to build what was essentially a Chinese version of the C-17....
.All told, according to their own accounting, Su and his two Chinese partners stole 630,000 files related to the C-17, totaling about 65 GB of data. Investigators believe they pillaged 220 MB of data related to the F-22 Raptor, as well as files related to the F-35, including its flight test protocols, which Su carefully translated into Chinese. The thefts would be critical to helping the Chinese understand—and copy—the world’s most advanced multirole fighter plane, which had cost $11 billion to develop. https://www.wired.com/story/us-china-cybertheft-su-bin/
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