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A, B and C? January 18, 2011

Posted by hslu in China, Cold War, Economics, Global Affair, jobs, Politics.
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Remember what I said about AB and C?

A is Airbus.

B of course is Boeing.

And C of course is China’s C919’s built by Commercial Aircraft Corporation of China.

C919 is a single-aisle airplane for mid-range flights. It is designed to carry about 200 passengers.

Watch out, Airbus and Boeing. This market is yours to lose.

One industry at a time, China will eat American’s lunch.

http://www.nytimes.com/2011/01/18/business/global/18plane.html?_r=1&emc=tnt&tntemail1=y

As President Hu begin his visit to the US, many companies want to do business with China because that’s where the money is.

Free market capitalism is what US has been promoting all over the world for the past 3 or 4 decades. If the US is not careful, this premier industry will face significant competition just like the auto industriy have been facing for the past 30 years. GM, Chrysler and Ford were thoroughly defeated bhttps://hslu.wordpress.com/wp-admin/post.php?post=4745&action=edit&message=6y auto companies from Japan and Korea. Although these companies have been able to survive the Great Recession so far with government intervention, India’s Toto and China’s auto companies are waiting to enter the US market when the time is right.

Twenty or thirty years from now, where will Boeing be? Will Boeing’s labor union be the last straw that breaks the camel’s back?

AB, or is it ABC? November 30, 2010

Posted by hslu in China, Economics, Global Affair, jobs.
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A stands for Airbus.

B, of course, is Boeing.

In a few year, AB will have a new competition and it is Commercial Aircraft Corporation of China, or Comac.

And what kind of airplane does Comac make? The answer is C919, a 160-seat single aisle air plane.

For many decades, Boeing’s 737 single aisle air plane has been the the bread and butter of Boeing.

But, unfortunately for Boeing and Airbus, C919 is formidable competition because the single aisle airplane market is yours to lose.

Here are a few more details of C919:

  • Detailed design to be completed in 2012,
  • Maiden flight in 2014,
  • On the market in 2014,
  • Fuel consumption  is 12 –  15% of that of similar planes,
  • Carbon emissions reduced by 50 %.

Hmm…, how many US jobs will be lost in this industry and its deep and wide supply chains?

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