Avolon signs $11.5 billion deal for 100 Airbus planes
Interesting how Asian FDI used in European aircraft leasing business. A positive and valuable global collaboration with Europe and China, or economic strategic risk to Europe?
HNA, owned by Chinese company Bohai, holds 70% of Avolon, with Japanese firm Orix Aviation Systems owning the remainder. Some background: 2016
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There is absolutely no evidence that Russia or China (or even Japan) can develop and build a COMMERCIAL airliner - God knows they've tried. Only State entities buy them and then they do it reluctantly in small numbers.
Airbus and Boeing have the markets tied up for the next 40 years. Their only risk is that due to something like a catastrophic oil price rise, is that a lot of their orders are cancelled - but then they can always drop back to 1990's production rates (admittedly at a vast cost in redundancies - again). |
Originally Posted by VishalR
(Post 10332150)
Chinese made C919 passenger planes have completed hundreds of test flight. Russian made passengers planes are also sold worldwide.
After 5 years, there will be less business for Boeing and Airbus. China will buy locally made wide body planes and Russia will export wide body passenger planes |
Its not going to happen unless they spend loadsamoney setting up a global support network.
Airlines buy from the big two because when something breaks there will always be an engineer with the correct parts available somewhere nearby to get the aircraft back in the air.. |
Originally Posted by The Ancient Geek
(Post 10332306)
Its not going to happen unless they spend loadsamoney setting up a global support network.
Airlines buy from the big two because when something breaks there will always be an engineer with the correct parts available somewhere nearby to get the aircraft back in the air.. China and India are the biggest growth markets for Aviation, they also the countrys looking to wean themselves off using the dollar in trade. It is all linked. |
Yup, and they make junk aircraft with little or no engineering support. Move along.
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When my plane goes AOG in South Ameristan it's not the moment to discover that Support has just reached for the second bottle of vodka or has been replaced by the advertiser nephew of an influential Party member.
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But if it's say... Nice??? or the Bahamas......... I can remember a small commercial operation (not an airline) that noticed the AOG incidents seemed to be in attractive spots
A quiet word had to passed to one and all......... |
Reminds me of the long proven way to make a small fortune in the aviation business. Start with a large fortune.
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Originally Posted by CargoOne
(Post 10332303)
In case with Russia/USSR it is not a question of ability to build an aircraft, they have done it full range from 2-seater piston to widebody longhaul airliner. But no one really buys it, why would that change in 5 years time?
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Originally Posted by ExDubai
(Post 10332713)
They are able to develop and build an aircraft. But nobody likes their definition of service. tbh. the SSJ isnt that bad, but the service sucks.
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A support network is VERY expensive. Boeing and Airbus can spread the cost over a large active fleet.
When you only have a few dozen aircraft in service the costs are prohibitive. Even keeping a comprehensive spares inventory at the factory ready to be flown out to an aircraft on the ground is horribly expensive and it could take days to deliver a part to an AOG in many parts of the world. |
Originally Posted by The Ancient Geek
(Post 10332877)
A support network is VERY expensive. Boeing and Airbus can spread the cost over a large active fleet.
When you only have a few dozen aircraft in service the costs are prohibitive. Even keeping a comprehensive spares inventory at the factory ready to be flown out to an aircraft on the ground is horribly expensive and it could take days to deliver a part to an AOG in many parts of the world. |
It's never worked for Japan, Russia or China yet and Brazil struggled for quite a while................
Interesting that when there is a UNIQUE solution - such as heavy lift - Russian/Ukrainian aircraft sell - if only they were still in production...... ps and helicopters of course..... |
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