Since the crash of an Ethiopian Airlines Boeing 737 MAX 8 passenger plane on the 10th, its domino effect is still continuing...
"domino effect" of the crash
Yesterday morning, China Civil Aviation Network asked domestic transport airlines to suspend the commercial operation of Boeing 737 MAX 8 aircraft. Our country has become the first to issue a national-level "suspended flight order". Subsequently, Indonesian , Mongolian , Ethelbie and Cayman Airlines followed suit. Today, Argentina, Singapore, Australia and others also suspended flights to the Boeing 737 MAX, which can be said to be a change in Boeing's sensation.
In addition to the suspension of the use of Boeing aircraft in various countries, the stock price of Boeing company has also suffered a major impact. Boeing's stock price fell 13% at the opening yesterday, dragging the Dow Jones Industrial Average to open more than 200 points. As of the closing of the market in the early morning of today, Boeing still fell 5.33%, and its market value evaporated by more than 80 billion yuan.
The "suspension order" caused by the crash affected the operations of 96 Boeing 737 MAX aircraft of domestic airlines.
C919 passenger plane expectation
crash caused a great impact on Boeing, but gave China's large aircraft a chance to prove itself.
According to the "2018-2037 China Civil Aviation Market Outlook" released by Boeing, China's civil aviation market will reach US$2.7 trillion.
Specifically, China will need 7,690 new aircraft in the next 20 years, with a total value of about 1.2 trillion yuan; compared with the forecast released in 2017, the number of new aircraft demand increased by 6.2%; at the same time, China's huge fleet will require a total value of US$1.5 trillion in aviation services, mainly divided into two categories: one is to maintain or restore the tasks required to perform aircraft airworthiness, such as systems, components and structures, and the other is the market for flight operations, including cockpit, cabin service, crew training and management, and aircraft operation-related services.
Seeing such a huge Chinese civil aviation market, C919 passenger planes are naturally an indispensable topic. The
C919 passenger plane is the first trunk narrow-body aircraft developed by my country and has independent intellectual property rights. It took 8 years from determining the design plan to completing the first flight of the first passenger plane. It has seat level 158-168, a range of 4,075-5,555 kilometers, and a cabin width of 3.9 meters. In terms of cabin width and engine, it has an advantage over the Boeing B737 Max and Airbus A320Neo.
Its manufacturing mainly adopts the "main manufacturer-supplier" model, with COMAC as the main manufacturer, with 242 large and medium-sized state-owned enterprises and 36 universities participating. 16 material manufacturers, including Baosteel, and 54 standard parts manufacturers, have become suppliers or potential suppliers of large passenger aircraft projects.
But it is a little regrettable that the engine of the C919 passenger aircraft was not developed in China. Generally speaking, the components of an aircraft are composed of the fuselage, engine, airborne equipment, interior decoration and other parts. Among them, aircraft engines are the largest single value among aircraft components and are a symbol of the strength of a country's high-end manufacturing industry. The engine assembled by C919 is the latest LEAP-1C turbofan engine developed by the US-France joint venture CFM International. The parent companies of CFM International are General Electric (GE) and Safran Group (Safran).
and other components are participated by many domestic suppliers, including AVIC, two listed companies under AVIC, which undertakes the fuselage structure, AVIC, and Hongdu Aviation , the exclusive supplier of wheels and brake systems of C919 large aircraft, Boyun New Materials, parts supplier Zhongzhi Co., Ltd., as well as AVIC, which undertakes avionics business and AVIC, which provides avionics electromechanical systems.
The global C919 passenger aircraft market size of nearly 100 billion US dollars
C919 aircraft has naturally attracted the attention of the outside world. According to the research report of CITIC Construction Investment, the C919 passenger aircraft has 29 customers with a total of 1,015 orders. The customers are mainly domestic airlines and bank leasing companies, and there are 3 international customers, involving a total of 34 orders. The influx of orders of
naturally accelerated the process of mass production of C919. At the recent Two Sessions, Wu Guanghui, chief designer of C919, said that the C919 large aircraft will be approved for test flights by the end of this year, and hopes to complete the test flights in 2021 and hand them over to his first user, China Eastern Airlines.
Before this, COMAC stated that in 2019, three C919 aircraft are expected to complete their first flight tests, of which 104 aircraft have entered the final assembly stage, 105 aircraft are in the partial installation stage, and 106 aircraft are being manufactured in major sections as planned.
Guosen Securities research report believes that C919 will usher in the golden age of my country's commercial aviation industry. By 2035, the global market size of C919 is expected to reach nearly 100 billion US dollars. In the C919 industrial chain, the value of the body structure, engine, electromechanical systems, avionics systems, interior decoration and landing gear account for 38%, 27%, 14%, 11%, 6% and 4%, respectively, and the market size will be at least US$270, 192, 100, 78, 43 and 2.8 billion respectively by 2035.
