. 24/7 Space News .




AEROSPACE
Airbus wins Chinese corporate jet order
by Staff Writers
Shanghai (AFP) Nov 14, 2012


Airbus said Wednesday it had won an order from a Chinese customer for a corporate jet as the European plane maker seeks to make greater inroads into the country's young market.

Foreign companies are eyeing China's growing market for corporate jets, supported by rapid economic growth which has created a new class of wealthy individuals.

The latest Airbus deal marks the first time a Chinese customer has ordered the ACJ319 corporate jet with the option of a special wingtip device that reduces drag and saves fuel, the company said in a statement.

The order brings the total for its corporate jets in China to 25 since the first in 2005, Airbus said in an announcement coinciding with China's premier airshow in the southern city of Zhuhai.

"China is a relatively new market for corporate jets," Airbus Chief Operating Officer for Customers, John Leahy, said in the statement.

He added China's high economic growth rates made it a "bright spot" in the current business jet market.

Airbus said the order announced on Wednesday was made earlier this year, but declined to identify the buyer or give other details.

The ACJ319 has a range of 11,100 kilometres (6,900 miles) and typically seats eight people, according to the Airbus website.

Brazilian plane maker Embraer on Tuesday forecast China will need 650 corporate jets by 2022, representing a value of $24 billion.

The company estimated China's entire fleet of corporate jets at 267, up from only 78 in 2007, according to a statement.

Embraer has booked a cumulative 28 firm orders and another five options for its corporate jets in China, the statement said.

The Brazilian company in June this year made an agreement with domestic industry giant China Aviation Industry Corporation (AVIC) for final assembly of its Legacy corporate jets in China's northern city of Harbin.

.


Related Links
Aerospace News at SpaceMart.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Get Our Free Newsletters
Space - Defense - Environment - Energy - Solar - Nuclear

...




Year In Space 2013 Wall Calendar



AEROSPACE
China needs 4,960 planes by 2031: state media
Zhuhai, China (AFP) Nov 13, 2012
China will need 4,960 commercial planes over the next 20 years, representing a value of $563 billion, the official Xinhua news agency said Tuesday, as air travel demand is expected to increase. The Commercial Aircraft Corporation of China (COMAC) also forecast that China would require 4,273 "large" passenger planes from now until 2031, the report said. The forecast for all commercial pla ... read more


AEROSPACE
China's Chang'e-3 to land on moon next year

Moon crater yields impact clues

Study: Moon basin formed by giant impact

NASA's LADEE Spacecraft Gets Final Science Instrument Installed

AEROSPACE
What Arctic Rocks Say About Mars: An Interview with Hans Amundsen

More Driving And Imaging At 'Matijevic Hill'

Curiosity Team Switches Back to Earth Time

Survey of 'Matijevic Hill' Continues

AEROSPACE
SciTechTalk: All work and no play?

Get some bed rest - all 21 days of it

Obama Win Keeps NASA's Space Plans on Course

Next steps into the final frontier

AEROSPACE
China plans manned space launch in 2013: state media

China to launch manned spacecraft

Tiangong 1 Parked And Waiting As Shenzhou 10 Mission Prep Continues

China to launch 11 meteorological satellites by 2020

AEROSPACE
It's a bird, it's a plane, it's... the Space Station

Crew Prepares for Spacewalk After Progress Docks

Crew Preparing for Cargo Ship, Spacewalk

Russian cargo ship docks with ISS: official

AEROSPACE
Arianespace's fourth Spaceport mission with Soyuz ready for fueling

Ariane 5's sixth launch of 2012

Ariane 5 is poised for Arianespace's launch with the EUTELSAT 21B and Star One C3 satellites

Ariane 5 orbits EUTELSAT 21B and Star One C3 satellites

AEROSPACE
Discovery of a Giant Gap in the Disk of a Sun-like Star May Indicate Multiple Planets

New habitable zone super-Earth found in exosolar system

Cosmic sprinklers explained in active planetary nebula

Nearby six-planet system could be life friendly

AEROSPACE
Afghan women learn literacy through mobile phones

36 in one fell swoop as researchers observe impossible ionization

Sweet approach may produce metal casting parts, reduce toxicity

Head of Windows unit leaves Microsoft




The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement