The global aircraft market is entering a robust growth phase driven by strong recovery in air travel post-pandemic, structural shifts toward fuel efficiency, and sustainability imperatives.

Over the next two decades, approximately 45,000 new, fuel-efficient aircraft worth $2.9 trillion are expected to be delivered globally, supporting an average annual passenger traffic growth of 3.7%.

Single-aisle aircraft will dominate deliveries, accounting for 70% of units and 55% of market value, with key models including Airbus A320neo and Boeing 737 MAX families .

The Asia-Pacific region, led by China, is forecasted to be the largest growth driver, with China alone projected to represent 20% of aircraft deliveries by 2040 due to rapid air passenger growth exceeding 6%.

North America and Europe will hold significant shares as well, with North America expected to maintain about 20% of deliveries and Europe about 17% [65a6d821-4ded-4ba5-874a-2aa5ee48ba5e_72581204; bf2732d0-bb7b-4e55-9d35-f1d548672746_296106203].

The Middle East and Latin America, although smaller in volume, offer growth in delivery value due to a concentration of wide-body aircraft .

Leading manufacturers positioning for this demand surge are Airbus and Boeing, which command the largest order backlogs and prioritize next-generation aircraft development, focusing on fuel efficiency, advanced materials, and sustainability technologies such as Sustainable Aviation Fuel (SAF), electric/hybrid propulsion, and digital innovation in maintenance and operations.

Boeing’s 737 MAX and Airbus’s A320neo families dominate narrow-body orders, while wide-body growth is led by Boeing 787 and Airbus A350 models.

COMAC's C919 is gaining ground with 300 confirmed orders primarily supported by domestic Chinese leasing firms, signaling a growing role of Chinese manufacturers in the market [ce100173-e198-486d-9705-b5584a15779f_257721921; 7efb6324-5623-4afe-9ac3-de52e237c9f2_52191629].

The global aircraft market is entering a robust growth phase driven by strong recovery in air travel post-pandemic, structural shifts toward fuel efficiency, and sustainability imperatives.

Title:

Content: Aircraft Leasing Market Overview by Recent Opportunities, Growth Size, Regional Analysis and Forecasts to 2032

The global aviation industry is experiencing unprecedented growth, fueled by increasing air travel rates and the demand for efficient aircraft. In tandem with this growth, the aircraft leasing market has emerged as a critical component of the aviation ecosystem, providing airlines with flexible leasing options to meet their fleet requirements. A recent report by Report Ocean forecasts that the aircraft leasing market size is poised to exceed USD 453.2 billion by 2026, with a robust growth rate of 6.8% during the forecast period.

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Driving Factors Behind Market Growth

The surge in air travel rates is a primary driver propelling the demand for aircraft leasing. Airlines are opting for leasing arrangements to expand their fleets and meet the escalating demand for air travel. Aircraft leasing offers flexibility and cost-effectiveness compared to outright aircraft purchases, enabling airlines to optimize their fleet size based on fluctuating market conditions.

Aircraft leasing encompasses two primary lease types: dry lease and wet lease. In dry leasing, aircraft are leased without crew members, while wet leasing involves leasing aircraft along with trained crew, maintenance, and insurance. This flexibility allows airlines to tailor leasing agreements to their specific operational needs, further driving the adoption of aircraft leasing.

Additionally, factors such as the growth in global aviation industry, increasing regulations, demand for fuel-efficient commercial aircraft, attractive tax policies, and affordable lease rates contribute to the burgeoning aircraft leasing market. Emerging economies present significant growth opportunities for aircraft leasing, with technological advancements further enhancing the appeal of leasing options.

Regional Insights and Market Dynamics

Europe emerged as the highest revenue-generating region in the aircraft leasing industry in 2019, driven by high disposable income, advanced living standards, and the development of new aircraft. The region witnessed increasing adoption of aircraft leasing due to the operation of efficient commercial aircraft and technological advancements. However, North America is also a significant market for aircraft leasing, with well-established aviation infrastructure and a robust demand for air travel.

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Asia-Pacific is poised to exhibit substantial growth in the aircraft leasing market, propelled by countries such as China, India, and Japan. Rising air traffic, economic development, and increasing demand for air travel in the region contribute to the growing adoption of aircraft leasing. Latin America, the Middle East, and Africa also present lucrative opportunities for market players, driven by factors such as infrastructure development and tourism growth.

Competitive Landscape and Key Players

The global aircraft leasing industry is characterized by the presence of both international and small to medium-sized vendors. Leading companies such as Aviation Capital Group, Boeing Capital Corporation, Air Lease Corporation, and International Lease Finance Corporation dominate the market. These companies continually innovate and collaborate with other industry players to meet the evolving needs of consumers and launch new products to stay competitive.

Segmentation and Market Outlook

The aircraft leasing market is segmented based on lease type, aircraft type, and region. Dry leasing and wet leasing represent the primary lease types, catering to the diverse needs of airlines. Aircraft types include wide-body aircraft and narrow-body aircraft, each serving specific operational requirements. Regionally, North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa constitute the key market segments, offering insights into regional market dynamics and growth prospects.

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Future Outlook and Conclusion

In conclusion, the global aircraft leasing market is poised for significant growth driven by increasing air travel rates, demand for fuel-efficient aircraft, and favorable market conditions. As airlines seek to optimize their fleets and enhance operational efficiency, aircraft leasing emerges as a strategic solution to meet evolving market demands. With technological advancements and infrastructure development, emerging economies present lucrative opportunities for market players. As the aviation industry continues to soar to new heights, aircraft leasing remains a vital component facilitating the expansion and modernization of airline fleets worldwide.

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  • Market possibilities and challenges
  • Future plausible for increase in particular industries
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  • Representative and a price chain probability breakdown
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  • The market’s important using forces
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What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

Over the next two decades, approximately 45,000 new, fuel-efficient aircraft worth $2.9 trillion are expected to be delivered globally, supporting an average annual passenger traffic growth of 3.7%.

Title:

Content: Cirium expects 45,000 more fuel-efficient aircraft to be delivered by 2040, worth $2.9 trillion
Cirium predicts that over the next 20 years, the world will spend $2.9 trillion on about 45,000 new aircraft.
• New aircraft expected to be delivered will replace the ageing fleet to meet projected annual growth of 3.7% in air passenger traffic
Single-aisle jets are expected to account for 70% of passenger aircraft deliveries by 2040
• China is expected to top the list with a 20% share in aircraft deliveries – the region ’ s air passenger growth is expected to exceed 6%
• Around 80% of existing passenger aircraft will be retired between 2021 and 2040
Over 3,500 freighter deliveries over the next 20 years – including new freighters and modified airliners
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An estimated 45,000 aircraft worth U.S. $2.9 trillion to be delivered by 2040.
Revealed in Cirium's new Fleet Forecast.
LONDON -- The newly released 2021 Cirium Fleet Forecast shows that around 45,000 new, more fuel-efficient aircraft will be purchased globally over the next 20 years, with an estimated $2.9 trillion in aircraft purchases.
According to the Cirium Fleet Forecast released by Ascend by Cirium, a consulting firm of aviation analytics firm Cirium, global cumulative aircraft deliveries for the next 20 years will be 4% higher than predicted a year ago by 2040.
The report outlines the positive outlook for the aviation industry and its recovery from the COVID-19 pandemic.
The COVID-19 pandemic has severely affected air travel, as well as aircraft deliveries.
Global aircraft deliveries fell by 43% - or 600 aircraft - in 2020.
Aircraft deliveries recovered somewhat in 2021, but are still 25% below 2019 levels.
Air travel is reopening as global vaccination programs become more widespread, leading to an increase of 300 aircraft deliveries in 2021 — a feat achieved when Boeing 787 was found to be problematic.
Rob Morris, Global Advisory Director, Ascend by Cirium, said: “The Cirium Fleet Forecast 2021 presents an optimistic long-term outlook for the aviation industry, which will return to a more traditional growth trajectory after 2024, although structurally different from before.
Air passenger traffic is expected to grow at an annual rate of 3.7%, so the global passenger fleet will need to increase by almost 22,000 aircraft.
“If the above projections are realized, the global passenger fleet will reach the size of about 47,200 aircraft by the end of 2040. ”
The projected delivery of new aircraft will not only meet the growing demand for air transport, but will also replace older aircraft that are less fuel efficient. "
China leads in aircraft deliveries
The number of aircraft deliveries will vary depending on the region where the airline is located, and the Asian market is expected to be the growth engine.
China is expected to lead the world with more than 6% growth in air passenger traffic – also topping the list in aircraft deliveries, accounting for 20% of the world ’ s total.
China ’ s delivery figures are significantly ahead of all other Asia-Pacific countries, which together account for 22% of the total.
North American carriers are expected to account for 20 percent, while European carriers will account for 17 percent.
The Middle East is estimated to account for 7% of the share, but because the region will deliver a large number of twin-aisle aircraft, it will account for 11% in terms of aircraft value.
Latin America, which is similar to the Middle East, will also account for 7%.
Russia and the Commonwealth of Independent States (CIS) accounted for 4%, and Africa accounted for 3%.
Most of the new deliveries will be single-aisle jets
The fleet forecast report shows that over the next 20 years, single-aisle jets will account for 70% of total aircraft deliveries and 55% of total delivery value.
The total value of newly delivered single-aisle jets is $1.6 trillion.
The mainstream model will still be the 150-seat aircraft, represented by the Airbus A320neo and Boeing 737 Max 8, which will account for 50% of deliveries.
Popular models with more than 180 seats include the A321 neo and the B737 Max 10, which will have an increasing share each year and will account for 40% of deliveries over the next 20 years.
Airbus and Boeing are expected to develop a new generation of single-aisle aircraft in the early to mid-2030s.
The $1.1 trillion dual-aisle aircraft market will be dominated by the B787 and A350 models, with 250-300-seat “medium ” aircraft accounting for about 65% of the total value delivered.
The large passenger aircraft market will be contested by the A350-1000 and the B777-9.
Aircraft deliveries in regional markets are expected to reach a scale of $150 billion.
About a third of them will be turboprop aircraft, based on 70-seat models.
Starting in 2030, a larger 90-seat model will enter the market.
Future new aircraft projects in the market include the MA700 from China and an expected new line of aircraft from Embraer.
Older models will be replaced by a new generation of aircraft.
It is predicted that about 80% of current passenger aircraft will be out of passenger service between 2021 and 2040.
As the airline industry begins to focus on driving down carbon emissions and focusing on sustainability, it will become increasingly important to replace these older, more fuel-efficient aircraft with new models.
Overall, in addition to several relatively new aircraft that are being phased out earlier, around 19,000 aircraft in the global passenger fleet will be phased out by the end of 2020.
According to analysis by Ascend by Cirium, the average economic life expectancy for single-aisle aircraft is 22 years and for twin-aisle aircraft is 20 years.
The number of freighters is growing: including new freighters and refitted freighters
As the global freight industry continues to perform strongly, freighter capacity (based on available tonnage kilometres) is expected to grow by 3.3% over 2019, with a projected supply of around 3,500 freighters over the next 20 years.
Of this total, it is expected that 30 per cent will be new freighters and 70 per cent will be converted from passenger aircraft.
About 1,050 new freighters are expected to be shipped, valued at $121 billion.
More online shopping during the epidemic period has promoted the development of e-commerce, and the growth of e-commerce has promoted the conversion of airliners to freighters.
Modification projects are focused on newer models such as the A321, B737-800, A330 and B777-300ER.
The Cirium Fleet Forecast is an independent outlook report on the global commercial passenger and cargo aircraft market, based on the industry ’ s premier combination of data and years of expertise.
Click here to download the executive summary of the Cirium Fleet Forecast 2021.
About Cirium
Cirium is a company that combines powerful data and analytics services to drive the world ’ s continued growth. With decades of industry experience, Cirium provides clients with expert insights to help companies, aircraft manufacturers, airports, airlines and financial institutions make informed business decisions that shape the future of the travel industry, improve business returns and improve customer experience. RELX PLC is the world ’ s leading provider of information and data analytics to professional and commercial customers across a wide range of industries.
Shares of parent company RELX PLC are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.
Visit cirium.com for more information or follow Cirium ’ s LinkedIn account and WeChat account, CiriumCN.
Disclaimer: The original version of this announcement is the official authorized version. The translation is for convenience only. Please refer to the original version, the original version is the only version with legal effect.
Contacts
For media inquiries, please contact:
Cirium Media Team
Rachel Humphries / June Lee
media @ Cirium.com
The PC Agency
Paul Charles / Michael Johnson / Callum McGoldrick
Cirium @ pc.agency
Contacts
For media inquiries, please contact:
Cirium Media Team
Rachel Humphries / June Lee
media @ Cirium.com
The PC Agency
Paul Charles / Michael Johnson / Callum McGoldrick
Cirium @ pc.agency

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

Single-aisle aircraft will dominate deliveries, accounting for 70% of units and 55% of market value, with key models including Airbus A320neo and Boeing 737 MAX families .

The Asia-Pacific region, led by China, is forecasted to be the largest growth driver, with China alone projected to represent 20% of aircraft deliveries by 2040 due to rapid air passenger growth exceeding 6%.

North America and Europe will hold significant shares as well, with North America expected to maintain about 20% of deliveries and Europe about 17% [65a6d821-4ded-4ba5-874a-2aa5ee48ba5e_72581204; bf2732d0-bb7b-4e55-9d35-f1d548672746_296106203].

The Middle East and Latin America, although smaller in volume, offer growth in delivery value due to a concentration of wide-body aircraft .

Title:

Content: Friday, 08 September 2023 05:25 GMT

Global Single-Aisle Aircraft Market Is Projected To Reach The Value Of $222.20 Billion By 2030 X Herald

(MENAFN- Ameliorate Digital Consultancy) According to the latest report by Virtue Market Research, in 2022, the Global Single-Aisle Aircraft Market was valued at USD 86.6 billion and is projected to reach a market size of USD 222.20 billion by 2030. Over the forecast period of 2023-2030, the market is projected to grow at a CAGR of 12.5%.

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A prominent long-term driver for the Single-Aisle Aircraft market is the growing global demand for air travel. Even though the COVID-19 pandemic had a severe impact on the aviation industry, the long-term trend remains robust. The demand for single-aisle aircraft is fueled by several factors, including the expansion of low-cost carriers, increasing urbanization, and rising middle-class populations in emerging economies.

The COVID-19 pandemic had an unprecedented impact on the aviation sector, leading to grounded fleets, reduced passenger demand, and financial strain on airlines. This setback prompted airlines to rethink their fleet strategies, with some deferring aircraft orders and retiring older aircraft to cut costs. Additionally, the pandemic accelerated the adoption of safety and hygiene measures in aircraft cabins, leading to increased investments in cabin air filtration and touchless technologies.

A notable short-term driver for the Single-Aisle Aircraft market is the rebound in domestic and regional air travel. As countries reopen their borders and vaccination efforts progress, there is a growing preference for shorter flights, leading to increased demand for single-aisle aircraft. Airlines are reactivating grounded aircraft and placing orders for new, fuel-efficient models to meet this surge in regional travel.

An exciting opportunity in the Single-Aisle Aircraft market is the development of next-generation, fuel-efficient aircraft. With a growing emphasis on sustainability and reducing carbon emissions, aircraft manufacturers are investing in research and development to create more eco-friendly models. This includes the use of advanced materials, aerodynamic improvements, and more efficient engines. Airlines that invest in these next-gen aircraft can not only reduce their environmental footprint but also benefit from lower operating costs in the long run.

One of the prominent trends observed in the Single-Aisle Aircraft industry is the rise of digitalization and connectivity. In-flight Wi-Fi, entertainment systems, and integrated passenger services are becoming standard features in modern single-aisle aircraft. Airlines are leveraging these trends to enhance the passenger experience and gain a competitive edge. Additionally, digitalization plays a crucial role in aircraft maintenance and operations, helping airlines optimize their fleet performance and reduce downtime.

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Segmentation Analysis:

The global Single-Aisle Aircraft Market segmentation includes:

By Type of Aircraft: Narrow-Body, Wide-Body, Regional Aircraft

Among these, the Narrow-Body aircraft category stands out as the largest segment. These aircraft are designed for short to medium-haul flights and are favored by airlines for their versatility and cost-efficiency. Narrow-Body aircraft are well-suited for both domestic and international routes, making them the preferred choice for many carriers.

In terms of growth, the Narrow-Body segment takes the lead yet again. The market for Narrow-Body aircraft is witnessing significant expansion due to the increasing demand for regional and domestic travel. Airlines are looking to replace older aircraft with more fuel-efficient and environmentally friendly Narrow-Body models, driving the growth of this segment.

By Engine Type: Turbofan, Turboprop

Among these categories, Turboprop engines are the largest segment. These engines are commonly found in regional aircraft that operate shorter routes and require a different set of performance characteristics compared to their Turbofan counterparts. Turboprop engines are known for their fuel efficiency and reliability, making them a preferred choice for regional carriers.

However, when it comes to growth, Turbofan engines take the lead. The demand for Turbofan-powered Single-Aisle Aircraft is on the rise, driven by the need for higher efficiency, reduced emissions, and greater operational range. Airlines are increasingly opting for Turbofan engines in their narrow-body aircraft to meet the growing demand for longer-haul regional and international flights.

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Regional Analysis:

The Single-Aisle Aircraft market spans across variregions, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. Each of these regions has its unique characteristics and influences on the market.

Asia-Pacific emerges as the largest region in this segment. This region encompasses numerfast-growing economies, a burgeoning middle class, and a robust travel and tourism industry. As a result, airlines in Asia-Pacific have been expanding their fleets to meet the increasing demand for air travel. With a foon domestic and regional routes, narrow-body aircraft have been particularly favored in this region, contributing to its leadership in the Single-Aisle Aircraft market.

In terms of growth, Europe takes the lead. Despite being a mature aviation market, Europe is experiencing a surge in demand for narrow-body aircraft, primarily due to the need for more fuel-efficient and environmentally friendly options. European airlines are increasingly looking to modernize their fleets with state-of-the-art single-aisle aircraft, thereby driving the growth of this segment in the region.

The Middle East & Africa region also shows promise in terms of growth, driven by the emergence of airlines in the Middle East as major global players. These airlines are expanding their networks and investing in modern, fuel-efficient narrow-body aircraft to meet the growing demand for long-haul travel.

North America, with its well-established aviation industry, continues to be a significant market for single-aisle aircraft. While it may not be the fastest-growing region, North America remains a stable and vital market for these aircraft, catering to both domestic and international routes.

South America, although a smaller market compared to the other regions, also contributes to the demand for single-aisle aircraft. Airlines in South America are focusing on modernizing their fleets to enhance operational efficiency and reduce emissions.

Latest Industry Developments:

  • One of the key strategies adopted by companies is a strong emphasis on fuel-efficient and environmentally friendly aircraft. With the aviation industry facing increasing pressure to reduce carbon emissions, manufacturers are investing in the development of next-generation single-aisle aircraft with improved fuel efficiency. This includes the use of advanced materials, aerodynamic design enhancements, and the incorporation of more fuel-efficient engines. Furthermore, there is a growing trend towards the electrification of aircraft systems, including electric taxiing systems and more electric aircraft architectures. These innovations aim to reduce the overall carbon footprint of single-aisle aircraft, aligning with global sustainability goals.
  • To enhance their market share, aircraft manufacturers are expanding their global reach and customer base. They are targeting emerging markets with fast-growing air travel demand, such as Asia-Pacific and the Middle East. These regions represent significant opportunities for fleet expansion, especially with narrow-body aircraft designed for short- to medium-haul routes. Another trend is fleet modernization. Airlines, particularly in mature markets like North America and Europe, are retiring older aircraft and replacing them with state-of-the-art single-aisle aircraft. This trend is driven by the need to improve operational efficiency, reduce maintenance costs, and enhance passenger comfort. Manufacturers that offer the latest technology and fuel-efficient options have a competitive advantage in this regard.
  • Connectivity and digital solutions are becoming increasingly important in the aviation industry. Airlines are seeking aircraft equipped with advanced connectivity options to enhance the passenger experience, provide in-flight entertainment, and enable seamless inteaccess. Manufacturers are responding by integrating cutting-edge connectivity solutions into their single-aisle aircraft offerings. Additionally, the use of data analytics and predictive maintenance has gained prominence. Airlines are leveraging data from their aircraft to optimize operations, reduce downtime, and lower maintenance costs. Aircraft manufacturers are incorporating these features into their products to meet the demand for data-driven solutions.

About Us:

Virtue Market Research stands at the forefront of strategic analysis, empowering businesses to navigate complex market landscapes with precision and confidence. Specializing in both syndicated and bespoke consulting services, we offer in-depth insights into the ever-evolving interplay between global demand and supply dynamics. Leveraging our expertise, businesses can identify emerging opportunities, discern critical trends, and make decisions that pave the way for future success.

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Leading manufacturers positioning for this demand surge are Airbus and Boeing, which command the largest order backlogs and prioritize next-generation aircraft development, focusing on fuel efficiency, advanced materials, and sustainability technologies such as Sustainable Aviation Fuel (SAF), electric/hybrid propulsion, and digital innovation in maintenance and operations.

Title:

Content: The General Aviation Manufacturers Association (GAMA), the trade association that represents business and general aviation manufacturers, says in 2023 deliveries of general aviation (GA) aircraft rose to more than 4,000 for the first time in more than a decade.

“When compared to 2022, all aircraft segments saw increases in shipments and preliminary aircraft deliveries were valued at $27.8 billion, an increase of 3.6%,” the group said on 21 February as it published its annual full-year figures for unit deliveries and billings.

Source: Bombardier

Business and general aviation manufacturers boosted sales and deliveries in 2023

In addition to the strong sales figures, GAMA statistics show that there are “robust and growing order backlogs for all segments of aircraft”, says GAMA chief executive Pete Bunce.

“This is a testament to the resilience of our industry and the integral role that general and business aviation plays in our communities.”

Manufacturers delivered 3,050 fixed-wing aircraft, up from 2,799 the previous year. Piston aircraft deliveries rose 11.8% from 2022’s figures to 1,682 aircraft, while turboprop aircraft deliveries rose 9.6% and business jet deliveries climbed 2.5%.

The value of the aircraft rose to $23.4 billion, up 2.2% from $22.9 billion in 2022.

The preliminary value of helicopter deliveries for 2023 was $4.4 billion, an increase of approximately 11.2%, GAMA says. 962 units were delivered, versus 876 in the previous year.

More than two-thirds of the aircraft went to North America, with 12% going to Europe and 6.6% to Asia. Latin America accounted for 7% of the deliveries.

That said, the companies – like their commercial aircraft peers – are also facing supply chain issues, labour shortages as well as increased regulatory oversight, GAMA says. In addition, efforts at curtailing business and general aviation are mounting, especially in Europe, where sensitivity to factors that accelerate climate change is high.

“As civil aviation’s innovation incubator, our entire GA industry is focused on new aircraft and technologies that will lead the way in safety and sustainability for the entire aviation sector,” Bunce says. “This progress is dependent on having effective, predictable and accountable regulatory processes, and a supportive business environment.”

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What impact shall the carbon tax to be imposed by EU in 2026 have on airlines?

They will accelerate the demand for aircraft replacement.

What is Airbus doing to achieve sustainable aviation?

It is working on adopting innovative strategies.

It is making efforts to improve aircraft efficiency.

Boeing’s 737 MAX and Airbus’s A320neo families dominate narrow-body orders, while wide-body growth is led by Boeing 787 and Airbus A350 models.

Title:

Content: 6 / 28 Hot Spots in the Market
Today ’ s (6 / 28) hot focus stocks are as follows, for reference only:
(1) Buy more than expected Chinese auto show smile
After the Chinese car (2204) opened higher on Wednesday (6 / 28), it was not easy to small, and the market price at 9: 47 am was tentatively reported at 96.5 yuan, up 7.34%, returning to the five-day line and the monthly line, and performing well.
This year, the car market is expected to buy more than expected! The car manufacturers are optimistic about the second half of the year to continue to improve the sales target of the whole year, and continue to repair the HYUNDAI and LEXUS sales volume of Sanyang Hyundai and Hetai cars. sales throughout the year.
After returning to Taiwan last year, MG launched HS 1.5T Flagship Edition and HS PHEV Power Edition successively. The monthly delivery volume has been growing all the way. In order to meet the market demand, the Chinese car production line has applied for relocation for a new era. The car's target.
With the HS 2.0T AWD flagship version listed in March also began delivery in June, with increased production capacity, the legal person estimated that MG in May after the license reached 1032 vehicles, June should be able to further grow to a new monthly license high, MG HS car series will be stable in the domestic medium-sized SUV market sales runner-up.
Since China MG will also launch another new cross-boundary SUV in September, and the performance of the brand in May and June is better than expected, with the new car will bring another wave of purchase gas after the listing, China Automobile is optimistic, and the annual sales volume is expected to grow further to 13,000 vehicles compared with the estimated 12,000 vehicles in March.
In fact, in addition to sales performance better than expected, China Motor Vehicle MG production line has begun to make profits in the first half of the year, with the second half of the monthly production capacity to maintain at more than 1000 vehicles, will further promote the growth of China Motor Vehicle revenue.
In addition to applying for migrant workers to join production, the current production line is mainly based on the one-shift overtime system, and Chunghwa says that due to the serious shortage of labor in the market, it will not be planning for a two-shift system in the near future.
With this year 's new car buyout, the current domestic three Yang Hyundai has increased the annual sales of HYUNDAI from 17,300 vehicles to 18,500 vehicles, and the annual sales target of Hetai car repair LEXUS from 23,000 to 30,000 vehicles, and the Chinese car is expected to be repaired twice to 13,000 vehicles. (Business Times Chen Wei, digital editor)
(2) The United States intends to expand the layout of high-speed network in Lei attack
Zhonglei (5388) benefited from the United States to expand investment in high-speed networks, in the multi-structure supply chain imagination space, after this high, the desire to small is not easy, the early market rose to 105.5 yuan, as of 9: 54 am provisional market price of 103 yuan, still up 6.74%.
It is understood that US President Joe Biden announced a network plan of more than $42 billion on the 26th, which aims to make high-speed Internet available to every American family by 2030.
Biden used this to promote the policies he promoted during his tenure, paving the way for the next presidential re-election, and the market interpreted that the policy has a positive impact on the development of Internet stocks such as Zhonglei in the supply chain of Taiwan stocks.
Telecom broadband equipment manufacturer Zhonglei recently held a general meeting of shareholders, which passed a private placement plan, hoping to introduce strategic investment partners, improve operational efficiency, and accumulate momentum for the next stage of operational growth.
Wang Wei, chairman of Zhonglei, said that with the network becoming indispensable in life, the rapid transformation of digital transformation leads to innovative business models, and the global government actively invests in infrastructure to drive the demand for Netcom equipment.
In addition, Zhonglei has mastered key technologies and provides a full range of solutions such as optical fiber access equipment, DOCSIS Cable products, commercial network equipment, 5G FWA fixed network wireless access equipment, 5G small base stations and video streaming equipment.
(Zheng Shu-fang, Chen Yi-jun, Digital Editor, Business Times)
(3) Hot focus stocks in the market:
1. Zhong Qi (2419): Benefiting from the US Broadband, the company will face a large order, the stock price is fast rising and stopping price is 30.05 yuan, creating a high band, and the volume is increased by more than 10 times.
2. Gao Lin (2906): Foreign investors have been selling for days, but the stock price is still rising, and the price of shares is still rising. This morning, the pursuit of buying orders poured in, and the explosion stopped at 19.55 yuan, rewriting the band's new high on February 21.
3. Dongtai (4526): New products to enhance energy saving, collect carbon footprint data, July 5 ex-dividend, interest rate 0.2 yuan, buy card sharp stop.
4. Good power (2462): Q3 into the peak season, this year the gross profit margin is estimated to have jumped significantly, the volume of the attack stopped, and another wave of high.
5. Liande Holdings - KY (4912): Obtained orders from AI server manufacturers, and this year ’ s operation has been rising quarter by quarter.
6. Jiang Shen (1525): The bus frame in hand orders nearly a thousand, the current production capacity is full to the end of the year, this year the industry will be high season, yesterday foreign capital to buy more than 103, the beginning of the surge stopped, jumped over the 5 day line.
7. Wufu (2745): retaliatory tourism after the epidemic, this year's operation is bullish, the stock price rose to a new high.
Hetai Car (2207): Decided to pay a profit of 2.2 yuan, optimistic that the scale of the car market this year is better than 450,000 vehicles, and the stock price was flat at the beginning of the session.
9. South Asia Branch (2408): today the interest rate, opening reference price of 68.7 yuan, the stock price rose to 70.3 yuan, stride towards the road of interest filling.
China (2204): intends to increase MG sales for the second time in the whole year, the stock price rebounded by more than 3.5% at the beginning of the session, surpassing the 5 day line and the sword month line.
11. Daewoo Capital (6111): Entering the Indian market has been lackluster, falling by more than 6.5% at the beginning of the session
Sun Moon Investment Control (3711): Chief Operating Officer Wu Tianyu pointed to a slower than expected recovery in demand, but the crisis is a turnaround, and the stock price is under pressure.
13. Yilong (2458): Q2 pull the strength of the heat, revenue is expected to be better than financial estimates, stock price to maintain 100 yuan.
MediaTek (2454): Dong Zong Cai Mingjie visited the Ministry of Land Industry and Information Technology this week to discuss semiconductors and 5G, and the stock price rose slightly.
15. Xia Du (2722): Profit of 1.25 million yuan since May, net profit of 0.01 yuan per share after tax, stock price fell.
16. Li Cheng (6239): Disposal of the shares of Suzhou Plant to JiangboLong, the expected disposal interest is equivalent to NT $2.384 billion, can contribute more than NT $3 EPS, is expected to be recognized before the end of the year.
The stock price is flat.
17. Zhiyuan (3035): The operation will resume growth, HSBC, KGI shouted to buy, the stock price is more than 200 yuan high-grade strong finishing.
18. Evergreen Airlines (2618): The third season of summer vacation season is coming, this year's operation is challenging new highs, foreign investment is overbought, and the stock price stands at 40 yuan.
19. Sichuan Lake (2059): Foreign investment confidence is low to buy, and Taiwan stocks are high 100 points to assist, and the market hit a stop.
20. Jian Zhen (2421): High-end fan solutions shipped smoothly, performance can be expected this year, early hit 90 yuan, strong 5 days online.
21. Haiyundian (6203): H2 revenue, profits increased year by year, recently, the total of 984 shares bought in a row of four, and continued to attack above 100 yuan, up 3%.
22. Jinbao (2312): Today's interest rate, up 3%, take the upper stock rebound train, go to fill the interest road.
23. Cathay Gold (2882): Divided interest rate of $0.9 today, by foreign investors sold 2, the morning market to fill the interest road small steps.
24. Weichuang (3231): Joint attack on AI, HPC and automotive business opportunities, invested 1 billion shares in the world core, re-listed in the 80 yuan and 5 day line high grade area.
25. ADLINK (6166): Edge AI attracted attention, orders took off in the wind, and the volume once shot up 4%, standing on the five-day line.
26. GuangHuanke (3287): The shareholders' meeting was held on the 30th, and the recent operation of foreign capital was excessive, and the sharp attack stopped to catch up with the two-year high.
27. Datong (2371): Foreign investors bought more than 10,000 shares, and the stock price rose nearly 4% at one time, and the sky price was 54.8 yuan.
28. Changjia Intelligence (6841): The cerebral hemorrhage detection system obtained the TFDA secondary medical device license, and the stock price once rushed 102 yuan to close, closing the second half of the line.
29. Odd (3356): Driven by AI craze + performance growth, the stock price rose by about 2%.
30. Taiyao (4746): At the end of July, the Asian Biotechnology Conference attracted popularity, but after the stock price broke the 100 yuan mark, the reverse pressure came out of the cage, and the black fell by about 2.5%.
31. United Regeneration (3576): Invest in TOPCon M10 battery and module, estimated next year Q3 mass production, the stock price rose, close to the monthly line.
(Times Information Lee Hui-lan)
(4) New aircraft orders increased sharply
Zilong Precision (4572) opened three high, all the way steady higher, as of 10: 00 in the morning, the market price tentatively reported 182.5 yuan, an increase of 5.8%, back on the five-day line, the performance is good.
On the 27th, Wang Kunsheng, chairman of Zilong Precision, said at the shareholders' meeting that the company 's orders for products have increased significantly. According to Boeing and Airbus' delivery forecasts this year, and Zilong 's new orders have been gradually developed and entered mass production.
The net profit after tax last year was 184 million yuan, an annual increase of 2.42 times, EPS 5.13 yuan, up from 1.5 yuan the year before.
Mainly benefiting from the rapid recovery of travel business air passenger traffic after the unsealing, the two major aircraft manufacturers Boeing and Airbus have received orders, and the rapid increase in production speed has also led to a steady upward performance of the overall aerospace industry.
Due to the European Union ’ s decision to introduce a carbon tax in 2026, governments and airlines are increasingly focusing on carbon reduction, which is conducive to the sales of new, more fuel-efficient aircraft, and it is expected that the aviation industry will accelerate the demand for replacement aircraft.
According to the order status of Boeing and Airbus in 2021 and 2022, new orders from airlines have increased significantly, especially for narrow-body aircraft such as the B737max and A320.
In addition, according to Boeing and Airbus ’ demand forecasts for new aircraft in the next 20 years, both show stable growth, but currently limited by aerospace supply chain restructuring and labor shortage, the production and supply of aircraft are temporarily limited, and it is generally expected to be improved by the third quarter of next year.
The industry predicts that the monthly production rate of narrow-body aircraft in the fourth quarter of next year may rebound or exceed pre-epidemic levels.
However, Zilong benefited from the benefits of changing orders during the epidemic, and the product categories have increased significantly.
This year, according to the traffic forecasts of the two major aircraft manufacturers, and the company's new product orders have been gradually developed and entered mass production, the company estimates that the performance of Dragon should still be able to increase significantly compared with last year.
Looking after the future city, Zilong has begun planning and building a new factory in Renwu Aerospace Park to advance the layout for the growth period.
(Business Times, Liu Jusong, Digital Editor)
(5) Air Double Male Popular Huaxin GDR Discount Issuance with Volume Kill
Taiwan stocks are now rebounding with the US stocks, focusing on the market returning to the monthly line to challenge the Wanqi level, and the aviation duo have once again become the top five most popular stocks, and AI index stock Weichun is also in the top five stocks.
In addition, Huaxin (1605) is now issuing additional common shares to participate in the issuance of overseas depository certificates, which is equivalent to about NT $40.22 per share.
Evergreen Airlines (2618) currently ranks first in the trading volume of listed stocks, with close to 65,000 shares traded in the opening hour.
Benefiting from the arrival of the summer peak season in the third quarter, coupled with the recovery of tourism opportunities after the epidemic, high ticket prices and the decline of oil prices in the second quarter, it is expected that the second and third quarters of the operation will continue to improve.
China Airlines (2610) also benefited from the post-epidemic travel opportunities, increased airfares and lower oil prices.
On Tuesday, foreign investors bought more than 10,000 Super China Airlines, and backhand bought 4418 Super Evergreen Airlines. Both stocks rose more than 3% this morning, and Evergreen Terminal returned to the 40 yuan level.
Huaxin, which has the second largest trading volume of the listed shares, is now issuing additional common shares to participate in the pricing of the issue of overseas depositary certificates, which is equivalent to about NT $40.22 per share.
Foreign investors have sold more than 75,484 copies to Huaxin for six days on Tuesday, and only one day in the past 14 days, with a total of 118,850 copies sold.
Huaxin has increased its participation in the issuance of overseas trust certificates (GDRs), raising nearly US $390 million, or about NT $12.06 billion. The issue price per share is 40.22 yuan. Compared with the closing price of 43.55 yuan on the previous day (27 day), the price difference is about 7.6%. A drop of about 5%.
Huaxin announced this morning a cash increase in the issuance of common shares to participate in the issuance of overseas depository certificates; the total amount of overseas depository certificates issued is US $389.1 million, and the issuance price of overseas depository certificates is US $12.97 per unit; the overseas depository certificate issued 30 million units, commending 300 million ordinary shares; the scheduled issuance date is June 30, 112.
1 Unit of overseas depository certificate recognizes 10 shares of common stock of the company, which is equivalent to about NT $40.22 per share (converted to US $1 = NT $31.008).
Huaxin said that the fundraising will be used to purchase raw currency to strengthen the financial structure.
This cash capital increase of 300 million ordinary shares to participate in the issuance of overseas depository certificates, the dilution ratio of the original shareholders' equity is about 7.44%, will not cause a significant dilution of the original shareholders' equity, and after the capital increase benefits appear, it should have positive benefits for future development, and there should be no adverse impact on the shareholders' equity.
US stocks stopped falling and rebounded, Huida surged 3.06%; Taiwan stock AI index stock Weichuang (3231) counterattacked this morning, and the stock price opened higher, currently rising nearly 1.8% to about 81 yuan.
In addition, Datong (2371), which has been continuously overbought by foreign investors, continues to take the lead and hit new highs in the band. It is also listed in the top five trading stocks of listed stocks. (Times Information Shen Peihua)
(6) Biden opens the red carpet of the Golden Mouth Spread Coin Netcom Stock Exchange
Netcom community is encouraged by Biden 's US $42 billion investment in broadband infrastructure, including Huaxing (4979), Yuzhi (6470), Desheng (8048), Zhongqi (2419), and Plaid (6263). Zhonglei (5388), Xingtong (3025), Unixin (6426), Text (4906), Mingtai (3380) KASUS (8059), Shen Zhen (3558), Vantage (6190) and other large gains and half of the board jumped, pushing the Netcom category to occupy the top of the list of various stocks.
US President Joe Biden has fought hard for broadband infrastructure, announcing a network plan of more than US $42 billion to make high-speed Internet available to all US households by 2030, thereby promoting domestic policies and paving the way for the next presidential election.
The states are expected to put forward preliminary plans later this year, and the US government will release 20% of the funds, and it is estimated that the balance will be allocated in 2025, which will encourage the Internet communication community including Huaxing (4979), Yuzhi (6470), Desheng (8048), Zhong Qi (2419) and other bright lights to stop.
In addition to the stable monthly revenue, the major network companies including Zhibang (2345), Zhonglei (5388), Zhong Qi (2419), Ming Tai (3380) and others have recorded double-digit revenue growth in the second half of the year. It is expected to maintain the growth pace.
Zhonlei (5388) reported revenue of 26.18 billion yuan in May, an annual increase of 18.1%, a record high for the same period. Due to the strengthening of digital infrastructure in all countries, the market inventory gradually turned healthy after 4 quarters of adjustment.
Optical module manufacturer Huaxiang (4979) is currently focusing on the application of 70mW CW LD and advanced packaging technology above 400G. The new products drive the performance growth. May revenue was 199 million yuan, an annual increase of 105.22%. In May, the revenue was 816 million yuan, an annual increase of 107.85%. A $100 club for a $100 club.
Zhong Qi (2419) May revenue of 984 million yuan, an annual increase of 10.91%, the previous May revenue of 4.827 billion yuan, an annual increase of 17.59%. Highpoint.
Analysts said that the recent international market in the stock price rose more, will face the institutional evaluation adjustment, short-term is not easy to have a large market, Taiwan stocks will return to the low-base period rotating structure, stock selection to low-base growth stocks as the first choice, optimistic about automotive components, seals, industrial computers, networking, passive components and other sub-industries. (Times Information Long Cailin)
(7) Q2 peak season dynamic energy, Yang Qin and another new high price
The stock price of Yangqin (2755), a chain restaurant group, has risen since this year. Recently, the upward momentum has strengthened again. Today (28), the volume increased by 6.3% to 194 yuan, and the price has reached a new high since the listing.
The three major legal entities yesterday backhand to buy more than 89, so far this week a total of more than 39.
Yangqin benefited from the expansion of the operation scale of the two brands of “McDonald ’ s ” and“ Fried Chicken Lion ”. In line with the adjustment of the structure of “McDonald ’ s ” stores, the net profit after tax in the first quarter of 2023 increased by 45.28% in the quarter, an annual increase of 2.72%.
With the timing gradually entering the peak brunch season and the impact of the epidemic on consumer flow slowing down, Yangqin consolidated revenue of 182 million yuan in May 2023, an increase of 6.48% month-on-month and 16% year-on-year, setting a new record high.
Cumulative consolidated revenue of NT $842 million in May, an annual increase of 13.83%, a new high for the same period, and the second quarter of operation continued to enjoy a good period.
Looking forward to 2023, Yangqin not only continues to expand its stores through effective strategies to enhance its overall revenue and brand impact, but also expands its business performance through five major business strategies.
In addition to continuing the business expansion in the ASEAN region, this year, we also joined hands with our strategic partner, Yarming-KY, to jointly develop the US market through “Fried Chicken and Lion ” and“ Happy Lemon ” to increase the brand ’ s market visibility and influence.
Yang Qin has held a general meeting of shareholders at the end of May to approve the distribution of earnings, and resolved to distribute dividends of 1.6 yuan, 3.7 yuan, and a total dividend of 5.3 yuan.

What does Cirium Fleet Forecast predict about the market share of new aircrafts?

In the next 20 years, Airbus A320 and Boeing 737 Max will account for 50% of deliveries of 150 seat planes.

COMAC's C919 is gaining ground with 300 confirmed orders primarily supported by domestic Chinese leasing firms, signaling a growing role of Chinese manufacturers in the market [ce100173-e198-486d-9705-b5584a15779f_257721921; 7efb6324-5623-4afe-9ac3-de52e237c9f2_52191629].

Title:

Content: China 's largest aircraft C919 orders 300 civil aviation industry reviewer: this is just the beginning
Author: External Submission
Published: Updated:
On the first day of the Zhuhai Air Show on November 8, with the C919 vacated for flight performance, COMAC signed a confirmed order for C919 with a number of domestic leasing companies, with a total of 300 aircraft.
Civil aviation industry worker, civil aviation commentator Zhang Zhonglin in the "Observer Network" article pointed out that the C919 aircraft project is based on a large enough domestic market for C919 growth, for C919 aircraft on the air show 300 orders is only the beginning.
This article is authorized by the "Observer Network" reprint, the author is civil aviation industry worker, civil aviation commentator Zhang Zhonglin
When China's three airlines signed an order with Airbus for 292 Airbus aircraft, I once predicted that "maybe in the near future, we will see the three airlines once again brush up on the underground C919 super order, and then we may have forgotten today's Airbus super order."
+ 8
The super order of 300 C919 and 30 ARJ21 signed by a number of financial leasing companies at the Zhuhai Air Show today undoubtedly exceeded the number of Airbus orders in July, and also exceeded the 105 ARJ21 orders of the three major airlines in 2019, becoming the largest order ever in China's aviation manufacturing industry.
Although I expected a new confirmed order for the C919 at the Zhuhai Airshow, such a large number still exceeded my expectations.
This unprecedented order is undoubtedly the best adult gift for the C919.
When Shangfei C919 received the model qualification certificate issued by the Civil Aviation Administration of China on September 29 this year, although there were more than 800 intended orders, it was only an intended order, not a definitive order, and the firm order that had been finalized before the Zhuhai Air Show was only five Eastern Airlines.
Xi Jinping met with representatives of the C919 project team and visited the project achievements exhibition. (Xinhua News Agency)
For the C919 that has already received the model certificate, the number of confirmed orders for five is indeed small. If the first C919 will be delivered within this year, the remaining four C919 orders will be completed and delivered in 2023.
Although the initial production capacity of the C919 is very low, the confirmed order for four C919 aircraft is indeed too small for the production line of the aircraft, and the signing of the new confirmed order can be said to be a nail in the plate.
If you refer to ARJ21 ’ s production capacity climbing path, it will take at least 5 years for COMAC to climb the production capacity of the existing production line and slow down the production growth rate to a certain extent after rapidly increasing the production capacity to reach a stable production capacity.
Given that the number of production lines and the planned capacity of the C919 is larger than the ARJ21, its production capacity is destined to be higher than that of the ARJ21 at the same stage. The order size of 300 aircraft is estimated to be sufficient for commercial production until 2030 to protect the C919.
The difference between this order signing and the past is that the main party signing the purchase is not the usual airline, but the main domestic leasing company.
The domestic leasing companies that signed the contract to buy C919 are: BOC gold rent, ICBC gold rent, CCB gold rent, CMB gold rent, CMB gold rent, Pohang gold rent and Su Yin gold rent, from the name of the leasing companies that signed the contract can be seen, these very low exposure leasing companies are behind the major state-owned banks and financial institutions, is the real "national team".
The C919 aircraft model qualification certificate ceremony was held in Beijing. (Xinhua)
It should be noted that it is very common for leasing companies to buy aircraft and then rent them out to customers in the civil aviation industry, which is determined by the high price of aircraft and the operation of heavy assets in the civil aviation industry.
The domestic aircraft leasing companies rely on the huge funds of the trust bank to carry out aircraft leasing business, which undoubtedly alleviates the huge financial pressure brought by the airlines to purchase aircraft on their own.
Moreover, compared to purchasing on their own, leasing will undoubtedly allow airlines to make more flexible operational adjustments, and if they feel that the aircraft does not meet their operational needs, they will be refunded when they expire.
It can be said that the aircraft leasing business of the major banks has played a very good role in financial services to the real economy.
The stable rental income generated by aircraft leasing is also an investment target with extremely healthy returns and low risk.
Therefore, in the epidemic has lasted for three years, the major domestic airlines continue to suffer huge losses and capital constraints, it is undoubtedly the most appropriate arrangement for the leasing companies of the major banks to buy aircraft and lease them to the domestic airlines.
By the strong financial leasing company to carry out the bottom of the order, and then rent out to each airline on demand, can reduce the financial pressure and worry of domestic airlines to use the C919.
POSCO Leasing, which contracted to purchase C919, is a company with a shareholder background in the civil aviation manufacturing and aviation services industries (photo provided by the author)
It is worth noting that the leasing companies involved in the signing of the confirmed order also include the overseas subsidiary of Bank of Communications Aviation Ireland.
CBC Ireland is noteworthy, on the one hand, because it is the first overseas platform to sign a contract with COMAC, and on the other hand, because its aviation leasing business is aimed at the Irish region.
Ryanair, Europe ’ s largest low-cost carrier, is headquartered in Ireland, and Ryanair signed a memorandum of understanding (MOU) for 200 C919s with COMAC back in 2011. “We are still committed to the C919 project, ” Ryanair ’ s President said in a press interview in 2020, even though it has been more than a decade since Ryanair signed the MOU for 200 C919.
Therefore, the order for 50 C919s and 10 ARJ21s signed by Bank of Communications in Ireland makes people think about it.
After the C919 is granted an EASA airworthiness license, it is highly likely that Ryanair will acquire the C919 and put it into operation on a less-risky model such as leasing.
Moreover, unlike users in some developing countries, Ryanair, as the largest low-cost airline in Europe, has sufficient experience in aircraft operation and maintenance, and can be said to be an ideal overseas user.
China Commercial Aviation signed a contract with Bank of China Airlines Ireland. (Photo provided by the author)
Although the firm order of 300 aircraft is a "big order of the century" in terms of a single contract, for an aircraft model, the order of 300 aircraft is far from being a meal, even if it can only be plugged in the teeth, it is not enough for COMAC to formulate a long-term production plan and arrange production capacity.
In order to achieve long-term stable production and allow supporting suppliers to confidently expand production capacity, more orders are required, at least thousands of confirmed orders and production time is extended to more than ten years to achieve the passing line.
Ryanair painted C919 by foreign aviation enthusiasts (Photo by the author)
The C919 ’ s single-aisle trunk aircraft is the most competitive in the international market, and Airbus and Boeing compete fiercely on this track. Even though the Boeing 737MAX has suffered a setback due to the Boeing scandal, the C919 still has insufficient strength in the international market for the 737MAX, let alone the buoyant Airbus A320NEO. It's over.
Therefore, C919 is bound to rely heavily on the domestic market in the first and medium term, and under the policy support, it will first establish a stable domestic environment and obtain stable development, and then consider going to the sea to the world.
Is the domestic market enough to support the C919?
In the 2020 China Aviation Market Forecast Report, AVIC believes that the fleet size of China's aviation market will reach nearly 9,000 by 2039, which is similar to the forecasts of Boeing and Airbus.
In the 20-year period from 2019 to 2039, China needs a total of 7,576 new aircraft, and the demand for narrow-body passenger aircraft belonging to the category of C919 is about 5,000. Even if the C919 completes its production capacity in 2030 and achieves stable mass production, it still cannot fill the huge demand of the Chinese civil aviation market. A sizeable proportion of foreign aircraft purchases – the 472 aircraft ordered by Airbus over the past six months – is a clear signal.
China's procurement of Boeing will remain low in the future
Due to factors such as tensions between China and the United States and the Boeing scandal, the procurement of Boeing aircraft is bound to remain at a lower level in the foreseeable future if Sino-US relations do not undergo a violent turn of 180 degrees.
The long-term advantages of Airbus aircraft in the domestic stock and use inertia doomed Airbus to occupy half of China's future fleet.
With the fleet composition shuffle brought by the C919, when this shuffle stabilizes, China's fleet composition is likely to be about 50% -60% of Airbus, about 30% -40% of Commercial Aviation, and about 10% -20% of Boeing's structure, which means that the C919 has at least 1,500 domestic orders, enough to provide a long-term healthy environment for the C919 project.
This is precisely the basis for China ’ s initial decision to build a large C919 aircraft project: there is a large enough domestic market for the C919 to grow.
On October 30, 2021, China Commercial Airlines C919 passenger aircraft made a static display at the Nanchang Flight Conference 2021.
Photo by Li Tong / Visual China
Of course, it is not enough to have a large enough market, support from the national will and a clear national strategy is the key.
Of course, from the establishment of commercial aviation in 2008 to now, China's national will to engage in large aircraft has been very clear, this time several major leasing companies brush down the order is also from the action on the substantial support of the large aircraft project.
However, for the C919, this does not mean that the US government's threat to the C919 project and COMAC has always been a hanging sword of Damocles. Although the C919 has raised the C919's domestic production rate to about 60% through the mode of Sino-foreign cooperation, the leap1C engine of public concern still needs to be supplied by the United States.
Although the C919 project has the CJ1000A large channel ratio engine developed by AVIC as a power backup, the official certification time node of the CJ1000A engine has been quietly postponed from 2025 to 2027.
And even if the CJ1000A engine is certified and put into production, there are still a considerable number of parts (such as bearings, etc.) inside the engine depends on foreign supply - after all, the complexity of the engine is no less than that of the aircraft.
But there is no need to be pessimistic about this, which is the stage that later pursuers must go through.
From only buying imported aircraft to buying imported devices to buying imported parts, the field of dependence on foreign countries is getting smaller and more microscopic, and we can produce more and more things on our own, and the level is getting higher and higher.
The basis for the development of the relevant industrial chain driven by the large aircraft project is the huge order and demand, and for the C919 large aircraft, the order of 300 aircraft at the air show is just the beginning.