Posted on 14 February 2012
2012-02-14 (China Military News cited from businessweek.com and by Jasmine Wang) -- Commercial Aircraft Corp. of China, maker of the nation’s first large passenger jet, expects to sign all key suppliers for the C919 aircraft by June as it works toward a 2014 deadline for the jet’s maiden flight.
The company, ... READ MORE
Posted on 13 February 2012
2012-02-13 (China Military News cited from Xinhua) -- China's first independently-developed large civil helicopter, the AC313, has passed a cold weather flight test, establishing a good performance in polar region temperatures, said the producer -- China Aviation Industrial Helicopter Co (CAIH) -- on Monday.
The flight testing period for the 13-tonne ... READ MORE
Posted on 10 February 2012
2012-02-10 (China Military News cited from Bloomberg and by Kyunghee Park and Jasmine Wang) -- China’s surging defense budget, the world’s second-biggest, is helping spur military spending across Asia, offering U.S. and European suppliers a chance to offset slowing demand at home.
Lockheed Martin Corp. and Boeing Co. fighters will be on display at next week’s ... READ MORE
Posted on 09 February 2012
2012-02-09 (China Military News cited from flightglobal.com and by Greg Waldron) -- Chinese airframer AVIC is investing yuan (CNY) 20 million ($3.2 million) in the U8 unmanned helicopter programme, which is being designed for civilian use.
The investment is being made through Jingdezhen Helicopter, said AVIC in a Hong Kong stock exchange statement. ... READ MORE
Posted on 07 February 2012
2012-02-07 (China Military News cited from CNN) -- The skies above China are set to become a lot more crowded as wealth and air travel in the country take-off.
China is going to need around 5,000 more commercial jets over the next 20 years to fulfill the needs of the country's burgeoning ... READ MORE
Posted on 06 February 2012
2012-02-06 (China Military News cited from ria.ru) -- Russian helicopter maker Rostvertol and Chinese Xi'Ao Aeroplane Manufacturing will build a plant in northern China capable of manufacturing 100 lightweight civil Mi-2A helicopters annually, Xinhua said on Monday.
The first phase of the plant, located on 47 hectares in Hebei Province, will ... READ MORE
Posted on 20 January 2012
2012-01-21 (China Military News cited from atwonline.com and by Katie Cantle) -- The Aviation Industry Corp. of China(AVIC) reported a net profit of CNY12.2 billion ($1.94 billion) in 2011, up 18.8% over a net income of CNY10.3 billion in 2010. Operating revenue increased 23% to CNY258.1 billion, according to AVIC ... READ MORE
Posted on 20 January 2012
2012-01-21 (China Military News cited from cnngo.com) -- China has become the world's biggest aviation profit source. The country’s airlines brought in a total of RMB 26 billion net profit (about US$4.1 billion) in 2011, reported Guangzhou Daily.
This number accounts for nearly 60 percent of the worldwide aviation net profit, ... READ MORE
Posted on 19 January 2012
2012-01-19 (China Military News cited from manufacturing.net and by Mike Collins) -- One word seems to be popular with all politicians -- from the right or left -- innovation. Everybody likes the idea of innovation and agrees that it is key to American competitiveness, if not the future.
China and other ... READ MORE