Aviation firms target civilian sector
By Lu Haoting (China Daily)Updated: 2006-11-01 08:50
AVIC I and AVIC II, China's two leading aviation manufacturers, are attaching
growing importance to developing civilian aircraft in order to cash in on the
country's booming commercial aviation market.
AVIC I, or China Aviation
Industry Corp I, yesterday made a breakthrough in the regional aviation market
by selling 60 MA60 turboprops and 30 ARJ 21 turbofan jets at the ongoing
international air show in Zhuhai, South China's Guangdong Province.
The
company also announced plans to develop a new turboprop aircraft with 35 to 70
seats.
"We hope to realize sales of 150 billion yuan (US$19 billion) in 2010
and become a Fortune 500 company by that time," said AVIC I President Lin
Zuoming.
China National Aero-Technology Import & Export Corp (CATIC)
yesterday bought 30 MA60 turboprops. CATIC handles more than 80 per cent of
China's aviation-related exports.
The 50-seat MA60, or Xinzhou 60, was
launched in 1998 and has already been delivered to Zimbabwe, Zambia, Laos and
Congo.
"The MA60 has been serving scheduled flight networks in southern
Africa. We are confident about its overseas market," said CATIC President Fu
Shula.
But CATIC declined to reveal which countries the latest batch of
MA60s would be sold to.
AVIC I is establishing an MA60 after-sales service
centre, based in Zimbabwe, which will cover the whole of Africa.
Okay
Airways, China's first private airline, yesterday signed a framework agreement
to buy 30 MA60s, the largest single order for the aircraft in China.
"We
are eager to explore feeder-line service markets in northeast, northwest and
central China. We believe the MA60, being safe, reliable and economical, will
help us better meet that target," said Okay President Liu Jieyin.
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