Originally Posted By: svhanc
China will dictate domestic airlines use domestic planes. That will hurt Airbus & Boeing from a market standpoint.
It will give them a chance to work out the bugs and employ a lot of people.
They don't play by the same rules.
They will eventually make a decent plane and eventually sell worldwide.
The only question at that point will be whether their offering is competitive.
I agree. Once EASA and the FAA certify the aircraft Boeing and Airbus will not only lose a large part of Chinese domestic market but likely also many in the developing world as well. The Chinese are known for lowball pricing projects and providing cheap labor in furtherance of their foreign policy objectives. Their vision of a "New Silk Road" or so-called golden belt will be built on such pricing strategies in my opinion.
China will dictate domestic airlines use domestic planes. That will hurt Airbus & Boeing from a market standpoint.
It will give them a chance to work out the bugs and employ a lot of people.
They don't play by the same rules.
They will eventually make a decent plane and eventually sell worldwide.
The only question at that point will be whether their offering is competitive.
I agree. Once EASA and the FAA certify the aircraft Boeing and Airbus will not only lose a large part of Chinese domestic market but likely also many in the developing world as well. The Chinese are known for lowball pricing projects and providing cheap labor in furtherance of their foreign policy objectives. Their vision of a "New Silk Road" or so-called golden belt will be built on such pricing strategies in my opinion.