Bradley Perrett covered China, Japan, South Korea and Australia. He is a Mandarin-speaking Australian.
Before joining Aviation Week in 2006 he was a macroeconomics, politics and aerospace journalist with Reuters. Perrett holds a bachelor’s degree in law from Macquarie University, Sydney. He left Aviation Week in 2020.
China will set up its challenger to Airbus and Boeing this month under the name China Commercial Aircraft Co. Ltd., with the company facing an initial task of making up a half-year delay on the ARJ21 regional jet. Its long-term goal is to develop a 150-plus-seat airliner by about 2020 at a project cost of 50 billion-60 billion yuan ($7.1 billion-8.6 billion).
China will set up its challenger to Airbus and Boeing this month under the name China Commercial Aircraft Co. Ltd., with the company facing an initial task of making up a six-month delay on the ARJ21 regional jet. The long-term goal is to develop an airliner with more than 150 seats The company will encompass businesses from the two current Chinese aircraft conglomerates, Avic 1 and Avic 2, each of which will have a minority stake. But it will get much more of its capital from outside of the industry, from governments and other state companies.
China now has a budget airline terminal, even though it has no real budget airline industry. The country’s first such terminal has opened at Zhengzhou (“jeng-jo”) in north central China, serving Spring Airlines and reflecting the confidence of the Henan provincial authorities that major no-frills business is coming, even if it hasn’t arrived yet.
