HeraldNet: Watch out Boeing, Airbus ... here comes China



RECENT POSTS:
• Machinists’ strike, Day 1 September 6 • How long will Boeing Machinists' strike last? Poll September 5 • From the Boeing Machinists’ picket line … UPDATED September 4 • What will 48 hours bring for Boeing, Machinists? September 4 • Boeing Machinists’ strike deferred September 4

Archives:



LINKS:
Airbus • Airbus • EADS • Orders and Deliveries Analysts • Richard Aboulafia • Scott Hamilton Blogroll • FleetBuzz • IAG Blog • Randy Tinseth's blog Flight museum • Future of Flight • Museum of Flight Labor Group • International Association of Machinists • Local 751 Machinists • SPEEA Tanker competition • Air Force • Boeing's KC-767 tanker • Boeing's tanker blog • Government Accountability Office • Northrop's America's New Tanker • Northrop-EADS' KC-30 The Boeing Co. • Boeing Commercial Airplanes • Employment • New Airplane • Orders and Deliveries

RELATED ARTICLES:
• Boeing Machinists dig in for long strike September 7 • Pickets go up at Boeing as Machinists walk out September 6 • Boeing Machinists to picket today after contract talks fail September 6 • FAA investigating 11 air carriers on safety issues September 5 • Machinists itching to strike September 5 • County a bright spot, Gregoire reports September 5 • Business briefly: Bothell firm gets grant for flu study September 5 • Everett extends talks for new hotel September 5 • New problems on Qantas' Boeing airliners cause delays September 4 • After UK crash, new rules for Boeing 777s September 4


Interactive
Putting together the 787


Special report



ADVERTISEMENT <script language=JavaScript src="http://ads.heraldnet.com/servlet/ajrotator/169233/0/vj?z=heraldnet&ct=122081&dim=169231&abr=$scriptiniframe"></script><noscript><a href="http://ads.heraldnet.com/servlet/ajrotator/169233/0/cc?z=heraldnet"><img src="http://ads.heraldnet.com/servlet/ajrotator/169233/0/vc?z=heraldnet&ct=122081&dim=169231&abr=$imginiframe" width="160" height="600" border="0"></a></noscript>

Aerospace Blog

May 11, 2008

Watch out Boeing, Airbus ... here comes China

Posted at 9:01 am

China has launched a company to build large commercial jets in an effort to make it less reliant on the Boeing Co. and Airbus.

The government of China announced today the formation of China Commercial Aircraft with an investment of $2.7 billion. The central government, the Shanghai government and the country's two aviation companies, AVIC I and AVIC II, are the major stakeholders.

"This is the dream of several generations and we will finally realize it," Premier Wen Jiabao said, according to a Bloomberg report. "We should rely on ourselves to build the large planes' main technologies, materials and engines."

You can read more on this from Reuters or the Associated Press.

Return to Aerospace Blog

TODAY'S TOP JOBS

View All Top Jobs

>> view all top homes

>> view all homes

<script language=JavaScript src="http://ads.heraldnet.com/servlet/ajrotator/105699/0/vj?z=heraldnet&dim=100749&abr=$scriptiniframe"></script><noscript><a href="http://ads.heraldnet.com/servlet/ajrotator/105699/0/cc?z=heraldnet"><img src="http://ads.heraldnet.com/servlet/ajrotator/105699/0/vc?z=heraldnet&dim=100749&abr=$imginiframe" width="728" height="90" border="0"></a></noscript>
\|Contact Us \|Advertiser Services \|Home Delivery \|Newsstand Locations \|Classifieds \|Feedback \|About the Company \|Work@the Herald \|Site Map	© 2008 The Daily Herald Co., Everett, WA.