China's Aviation Dream: Compete With Boeing And Airbus

China has thoughts of directly competing with Boeing and Airbus. Are Boeing's woes an opening?

Boeing Reports Record Annual Loss

Boeing Flight to Recovery

Boeing is hobbled by a collapse in plane deliveries. And the new 777X is delayed until 2023.

Add it up and you have a Record Annual Loss.

Boeing reported its largest-ever annual loss and took a big financial hit on its newest jetliner, signs that the Covid-19 pandemic is compounding the aerospace giant’s problems.

The plane maker said the new 777X, its largest passenger jet, would be at least three years late for airline customers, the latest Boeing plane to hit trouble following the grounding of the 737 MAX after two fatal accidents. Quality problems with its popular 787 Dreamliner jet have halted deliveries since October.

The delay leaves Boeing even more reliant on its defense business and other troubled commercial-aircraft programs to reverse heavy losses, as the pandemic has sapped demand for new planes. Executives said Wednesday they didn’t expect Boeing would stop bleeding cash until next year.

Opening for Comac?

As the pandemic continues to weigh on the aviation industry, Chinese aircraft manufacturer Comac has been pushing ahead with testing a new passenger jet. If successful, the C919 could rival Boeing and Airbus in the largest aviation market in the world.

Will Comac Suceed?

I asked my aviation contact, an industry consultant what he thought about China's chances. 

Selling an airplane alone is the small part. Supporting the fleet world wide will take China decades, if ever and is a key factor in a sale.  

Boeing has engineers in every major airport in the world. They have what is called an AOG ( Airplane On Ground) team in Seattle. It took 75+ years to perfect this system. They are good at it. They have a huge warehouse full of spares. When an airplane is out of service, Boeing teams converge from all over the world. 

For example, a few years back, an Air France 747 on takeoff from New Delhi, ran off the runway, severely damaging the undercarriage. Boeing flew in engineers and mechanics from Everett, WA. They worked in 110 degree weather for 3 weeks round the clock to assess the damage, temporarily fixed the aircraft making it airworthy to fly back to Seattle where it was fully repaired to the required safety standards and returned to Air France. A $250 mill product salvaged. 

Boeing has done this dozens of times all over the world in hostile conditions. I doubt China can support a big fleet as Boeing did above. 

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