Home · Weather · Forum · Learning Chinese · Jobs · Shopping
Search This Site
China | International | Business | Government | Environment | Olympics/Sports | Travel/Living in China | Culture/Entertainment | Books & Magazines | Health
Home / Business / Civil Aviation Tools: Save | Print | E-mail | Most Read | Comment
New firm to focus on large planes
Adjust font size:

A new company will be set up to take charge of the country's large commercial plane project, insiders have said.

The new company is likely to be named after the current two major manufacturers - China Aviation Industry Corp I (AVIC I) and AVIC II - to become AVIC III, said a source who did not want to be named.

The plan is the latest sign that the country is forging ahead with its ambitious plan to design and manufacture a homegrown jumbo jet.

The State Council, the Cabinet, approved the project in February; and insiders told China Daily the next month that the aircraft is expected to take off by 2020.

The source said the chief of the new company has been chosen, but declined to reveal the name. The source only said the person has worked with AVIC I and the State Commission of Science, Technology and Industry for National Defense (COSTIND).

Both the COSTIND and the National Development and Reform Commission declined to comment yesterday.

But on Sunday, Sun Laiyan, deputy director of the COSTIND, said in an online interview at that a detailed plan to implement the project would be "announced soon".

Earlier, Fu Shula, the CEO of China National Aero-Technology Import and Export Company, said the project will be based on international collaboration - as is common globally - and the nation will look for risk-sharing partners worldwide.

In China, large planes refer to aircraft with more than 150 seats; and currently, only the United States, Europe and Russia are capable of manufacturing them.

The country's indigenously-developed regional jet - with fewer than 100 seats - called ARJ21, is in final assembly stage.

The first delivery is scheduled for the latter half of 2009 and it has already won 71 orders.

(China Daily September 20, 2007)

Tools: Save | Print | E-mail | Most Read

Username   Password   Anonymous
China Archives
Related >>
- Plane maker, airline float new carrier
Most Viewed >>
-China set to hit the brakes on rising yuan
-Macao's gaming market expands further
-Snow's economic toll temporary: economist
-Power to resume shortly in worst-hit area by snow
-Online operators are on top of the game

May 15-17, Shanghai Women's Forum Asia
Dec. 12-13 Beijing China-US Strategic Economic Dialogue
Nov. 27-28 Beijing China-EU Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
SiteMap | About Us | RSS | Newsletter | Feedback

Copyright © All Rights Reserved E-mail: Tel: 86-10-88828000 京ICP证 040089号