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.
EVA Airways has delayed a plan to raise capital with a sale of shares. It had planned to sell 500 million new shares by March 29, but now says it will do so at “an appropriate time.” The company’s stock price has fallen about 56% over the past year. At current values, the shares would raise T$4.2 billion ($124 million).
China’s newly formed challenger to Western defense contractors aims to become a listed, profit-focused company with a revenue target of 160 billion yuan ($23 billion) by 2017. Early hints of the country’s ambitions are now confirmed: Beijing wants a Chinese BAE Systems or Lockheed Martin, a large, integrated supplier of a broad range of weapon systems and military support services for the global market. The new group, provisionally called the Avic Defense Div., is also aiming at enlarging its civil business.
Bradley Perrett (Melbourne ), Amy Butler (Fort Walton Beach, Fla.), David A. Fulghum (Washington), Douglas Barrie (London)
Upgrades to the Lockheed Martin F-35 Lightning II are being considered to improve the fighter’s ability to absorb heat from its powerful electronics and systems.
