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News on the Aviation Industry in China

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US aviation firm pockets $50 million break fee
Nov 9, 2012 (WiC 171)

Only a couple of months ago, budding aviation entrepreneur Cheng Shenzong told 21CN Business Herald that he was sure that his plans to acquire troubled US aircraft maker Hawker Beechcraft would go ahead (see WiC160). The newspaper even described ...

In for the long haul

Why China Southern’s losing money flying its new A380 jets
Oct 19, 2012 (WiC 168)

When Orville Wright first took to the air in 1903, his inaugural flight travelled a triumphant 120 feet. On that December morning, as the aviation industry was born, could the inventor have envisaged that one day an aircraft would be built with a ...

Time for plane speaking

It’s livid with the EU over carbon tax. So why is Beijing buying Airbus planes?
Sep 7, 2012 (WiC 163)

Remember Alec Baldwin being ‘deplaned’ last December, when he refused to switch off his iPad? The actor was escorted off the aircraft after a stormy altercation with a flight attendant from American Airlines. This week China had its own ...

Little-known Chinese firm swoops on US plane maker
Jul 27, 2012 (WiC 160)

In 2009, Chinese entrepreneur Cheng Shenzhong acquired Superior Air Parts, a small manufacturer of aviation components in Texas on the verge of bankruptcy. The $7 million deal was mostly financed by loan sharks, and more than half the money ...

Collision course

Why China and EU face airline showdown in April
Jun 22, 2012 (WiC 155)

"The best lack all conviction, while the worst are full of passionate intensity,” wrote the poet WB Yeats. The Irishman never attended a eurozone summit, but he couldn’t have summed up proceedings better if he had. Yeats’ apocalyptic ...

Reaching for the skies

A new book asks big questions about China’s aerospace ambitions
Jun 8, 2012 (WiC 153)

In 1916 a 35 year-old Yale alumnus named Bill Boeing decided to quit the timber industry and start building aircraft. Rather than picking an American or European as his chief engineer, Boeing opted for a man named Wong Tsu, who had recently ...

Facing turbulence?

Qantas to launch budget Chinese airline
Mar 30, 2012 (WiC 144)

This month saw the launch of a new all-business class service between Hong Kong and London. The daily flight is operated by Hong Kong Airlines, a carrier that’s owned by China’s HNA Group. The hope? To win market share from the dominant ...

Can beggars be choosers?

EU infuriates China with new carbon tax, but still asks for bailout billions
Feb 17, 2012 (WiC 138)

This week the president of the EU Herman Van Rompuy and Jose Manuel Barroso, president of the European Commission, were both in Beijing to meet Chinese leaders. Their dilemma: what tone to strike at their meetings in the Chinese capital. On ...

Southern comfort for Airbus

In a world first, Chinese airline will use A380 on domestic routes
Sep 30, 2011 (WiC 124)

Four years after the A380 first began to fly commercially, a Chinese carrier is about to take receipt of its first Airbus double-decker. China Southern announced that it would buy the A380 back in 2005, with the original (and somewhat ...

The not so friendly skies

A new airline is launched but air traffic problems remain
Sep 2, 2011 (WiC 120)

With China’s high-speed rail sector struggling against a litany of negative headlines, the country’s aviation industry has been basking in a relative glow by comparison. So the last thing airline executives wanted was a major safety scare ...

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