Bombardier To Participate In Airshow China 2010

 

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Bombardier To Participate In Airshow China 2010

By Daniel Baxter
 
November 14, 2010 - Bombardier Aerospace announced its participation in the 2010 edition of Airshow China, which will be taking place from November 16 to 21 in Zhuhai, People’s Republic of China. Bombardier will highlight its extensive range of business and commercial aircraft, as well as its customer services portfolio, at this event.

The company’s static display will feature the midsize Learjet 60 XR, the super midsize Challenger 300 and the large cabin Challenger 850 business jets. “Bombardier’s presence in China dates back more than 50 years,” said David Dixon, Regional Vice President, Sales, Asia-Pacific, Bombardier Business Aircraft.

 

 “We enjoy a leading position in this very dynamic market and our growing installed base of business jets in the country also reflects the enthusiasm for our Learjet, Challenger and Global aircraft families.” In March 2010, Bombardier announced it had delivered its first Learjet 60 XR and Challenger 850 jets to customers based in China. In addition, Bombardier delivered its first Global 5000 jet for operation in mainland China in July 2009. Currently, five out of eight in-production Bombardier business aircraft models are represented in China. 

China is among a number of key countries emerging as strategic markets for business aviation. Globalization, increased travel requirements by business people and a general positive trend towards the acceptance of business aircraft use are among the contributors to increased activity in the region. The Bombardier Business Aircraft Market Forecast, published in July 2010, predicts industry deliveries of 600 business jets for China over the 10-year period from 2010-2019. 

“Bombardier’s commercial aircraft are well positioned to meet the needs of China’s growing air transportation networks,” said Trung Ngo, Vice President, Sales, Asia-Pacific, Bombardier Commercial Aircraft. “Our CSeries, Q400 NextGen and CRJ NextGen aircraft are designed to provide excellent passenger comfort, operational flexibility and outstanding economics with reduced environmental impact that should readily provide optimized solutions for the country’s airlines.” 

Currently, Bombardier commercial aircraft are in service with five airlines in Greater China, namely Shandong Airlines, Shanghai Airlines, China Eastern Yunnan Airlines, China Express and UNI Air. Bombardier’s Commercial Aircraft Market Forecast predicts a shift in delivery demand over the next 20 years, during which China will take delivery of 2,260 commercial aircraft in the 20- to 149-seat market, growing China’s fleet of aircraft in this segment to the third largest in the world after North America and Europe by 2029. 

 
   

Bombardier’s strategic cooperation with China is growing; as a risk-sharing supplier on Bombardier’s game-changing CSeries aircraft, Shenyang Aircraft Corporation (SAC), a subsidiary of the state-owned aviation industrial entity, China Aviation Industry Corporation (AVIC), will supply the fuselage, tail cone, and doors for Bombardier’s CSeries jetliner, and has full technical responsibility for its work packages. This arrangement is in addition to SAC’s work on the Q400 NextGen turboprop airliner. 

In March 2010, Bombardier announced that it had signed a Memorandum of Understanding (MOU) with CDB Leasing of China (“CLC”) on financing cooperation, which cleared the way for CLC to offer pre-delivery payment financing, delivery financing and leasing solutions to customers of CSeries, Q400 and CRJ aircraft. 

In July 2010, Bombardier announced a $30 million US investment as part of its plan to build a comprehensive service and support network for the Asia-Pacific region, which will be centered in China. Bombardier’s footprint in China includes sales offices in Beijing and Hong Kong, a Regional Support Office (RSO) for commercial aircraft operators in Shanghai, and a parts distribution centre in Beijing.

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