Take Off My Aviation Era

Chapter 1588: Giant's 3 axes

In fact, even if there is no such a declaration of war as China takes off, Boeing and Airbus are ready to come over with big sticks.

No way, the bottom line touched by China's take-off is an absolute bottom line that Boeing and Airbus have been doing for more than 30 years. Even though China's take-off has made more than one external declaration, the -220 is not a mainline airliner, but a kind of enhancement. This version of the regional airliner, because its flying distance can't even be covered in China, let alone transoceanic, so the -220 is a regional airliner.

But the problem is that —220 does not cover the entire territory in China, but it can cover more than half of the countries and regions in Europe.

Coupled with the passenger capacity of more than 120 seats, the red line of mainline airliners defined by Boeing and Airbus has almost been stepped on.

But this is not the most important thing, because the key issue is that a single-aisle trunk airliner can be upgraded to a trans-oceanic intercontinental airliner with a little expansion.

The most typical is the relationship between A320, A330 and A340.

It doesn’t matter if it’s a French stick or 5AUP, but technically speaking, as long as you lengthen the -220 fuselage and increase the wingspan appropriately, whether it is to install two more powerful aero engines, or to use four nowadays The same type of engine of —220, —230, —240 of the future will inevitably go very smoothly.

This is like a macho who knows the essence of drag racing, what is two shallow and one deep, or two deep and one shallow, or is it simple to understand, or is it simple to understand, it is completely in love, only in courtesy, absolutely how to control it. How to control it.

How could Boeing and Airbus stand this? You must know that these two sea kings even divided the world's fish. Suddenly, a handsome young macho man came here, and the sense of crisis of being green was overwhelmed.

Naturally, I have to find a way to kill this girl.

Therefore, whether or not China Ascendas shoots that promotional film, Boeing and Airbus will kill China Ascendas.

So on the third day of the "Tengfei Soaring" image promotion video broadcast in China Ascendas, Airbus and Boeing issued an internal official letter just like China Ascendas. Beginning in March next year, Boeing and Airbus will terminate the foundry business of parts and cabins for all models of Ascendas in China, and stop purchasing China Ascendas to produce general aviation components.

The reason is the adjustment of corporate strategy.

In the following week, Airbus and Boeing joined forces with several consortia behind them to start frantically shorting China Ascendas' subsidiaries listed on Hong Kong Island, Singapore and Freedom and Beauty.

That’s not to say, just half a month later, Boeing and Airbus announced at the same time that the latest Boeing 737-800 and Airbus A320ER sold to the country began to drop sharply, with the largest drop even reaching 30%, and even some models have already Lower than the internal purchase price in North America and Europe.

Before the end of 2007, Boeing and Airbus were like three huge cold waves in the winter, making China feel bitterly colder than ever when it took off.

The most obvious feeling is the capital market. In less than half a month, the share prices of several subsidiaries of China Ascendas listed on A-shares, Hong Kong stocks and US stocks fell off a cliff.

Take the Hong Kong-listed ZTM-NB Space Exploration Company as an example. Some time ago, its market value reached a high of US$90 billion, which could be targeted by Boeing and Airbus, which dropped by 25%.

This is not bad. The former Hunan Aviation Manufacturing Plant, which is located in Hui Province and mainly produces China Ascendas civil aircraft, has now cut the A shares of China Ascendas Civil Aviation Manufacturing Co., Ltd. directly.

As for the other subsidiaries, the declines varied, but they were basically disastrous.

The reason for this is mainly because Airbus and Boeing were the first to cut the fundamentals of China's take-off.

It should be understood that in recent years, China Ascendas OEM Boeing and Airbus aircraft parts and cabins account for more than 25% of total revenue. Together with general aviation spare parts, it can even reach 30% of total revenue.

After all, a large part of general aviation spare parts involves China's take-off business—high-end aviation materials.

Therefore, once Boeing and Airbus stop their cooperation with China Ascendas, the market fears that China Ascendas' materials, aviation manufacturing, and even design and R&D and other entire industrial chains will be affected, so they fled one after another.

Coupled with the malicious short-selling of Boeing and Airbus, it would be a miracle that China Ascendas can do well in the capital market.

Fortunately, most of China Ascendas shares belong to the State-owned Assets Management Committee, and part of it is through China Ascendas Investment Management Group (Co., Ltd.). A large number of Chinese companies such as the aerospace industry, aerospace industry, and China Tobacco have carried out equity swaps and cross-shareholdings.

It is with the support of these national teams that although China Ascendas has suffered some losses in the capital market, it will not be completely defeated, and it will barely gain a foothold.

But the problem is that the national team can provide support in terms of policies and capital, but it can't help China take off too much in terms of specific operations. After all, it is a pure commercial activity and China has to solve it by itself.

However, this is the most powerful of Boeing and Airbus's three axes, the big price cut of new models.

Obviously, the two giants have calculated well, so that the price of the new model put on the domestic market is just stuck in the profit and loss line of China's Ascendas-220 aircraft. UU reading www.uukanshu.com

This makes it difficult for China to take off, because it is equivalent to producing a 220 and losing one.

Boeing and Airbus also lost money, or even more, but the two giants have a large global market share. The domestic market deficit can be recovered from Europe, North America, South America, Southeast Asia, the Middle East, North Africa and other places.

Apart from a solitary domestic market, China Ascendas has no other place to supplement.

As for gritting the teeth and fighting the price war, China is even more afraid to take off. You must know that in order to develop -220, it has invested more than 30 billion yuan, and it took more than 12 years. The huge research and development cost simply does not allow China to take off and reduce prices. If there is a price war, China will not be able to take off at all.

Based on this, the situation is becoming more and more unfavorable for China's take-off. After all, the reputation of Boeing and Airbus is there, and the passenger capacity, economy and service life of the new models are very good. Now that the price reduction BUFF is superimposed, how can I ask which airline is not tempted?

Don't mention the small and medium-sized airlines. Even the three pillar aviation companies of International Airlines, China Southern Airlines, and Eastern Airlines have been prepared for half of the price cuts by Boeing and Airbus to follow the kindness of the giants.

After all, it is not a sacrifice of life, but a loss of virginity, and the result may be five beautiful financial statements in the future. It is only strange that the leaders of the three major airlines are not ready to move.

Even the core airlines are like this, let alone other small and medium airlines. As a result, the situation for China to take off can be said to be more and more difficult!

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