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_Bradley Perret

_Bradley Perret
Chinese BizAv Purchasing Expectations Up Slightly 
Buying expectations in China are well below the world average, however, and are only about a quarter as strong as they were in 2011, at the height of a boom that turned to bust in 2013 when the government in Beijing launched an anti-corruption crackdown.
Minsheng Financial Leasing Aims At Global Top Spot 
The strategy envisions developing first in areas with which it is fairly familiar – Hong Kong, Japan, South Korea and Southeast Asia.
Avic Sees 7.6% Annual China Traffic Growth To 2033 

ZHUHAI, China—Air traffic in China will grow by an average of 7.6% annually until 2033, Avic says. 

The figure calculated for the next 20 years is somewhat less than the annual average rate of 13.2% in the preceding 20 years, says the state manufacturer, which builds parts for Airbus, Boeing and Comac and makes its own regional turboprop aircraft.

Avic is notably more bullish on Chinese commercial aviation than is Boeing, which forecasts 6.9% annual average growth for the 20 years to 2033.

Faster A350 Rate Would Feed Chinese Demand–Airbus 

Chinese demand is a factor behind Airbus’s keenness to build the A350 faster than the 2018 target of 10 aircraft per month. 

“We don’t have many early delivery slots to offer customers in China,” and none before 2020, Eric Chen, president of Airbus China, said. Chen added that more A350s would have been sold to Chinese airlines had additonal slots become available. 

SF Express Plans Chengdu Hub 

BEIJING—To help reduce costs, Chinese freight company SF Express will build a hub for western China at Chengdu Shuangliu International Airport. The plan follows the Chengdu government’s issuance of a policy guideline this year for promoting the city’s aviation-logistics industry by encouraging domestic and international airlines to set up business there.

ATR Aims At 90-Plus Deliveries In 2015 

BEIJING—ATR, struggling to increase production amid strong demand for its turboprop airliners, plans to build over 90 aircraft next year, up from a target of more than 80 this year.

Of the 2015 deliveries, 10 aircraft will be ATR 42s, compared with seven this year, an ATR spokesman said. The rest will be ATR 72s. ATR is jointly owned by Airbus Group and Alenia Aermachi. 

Mitsubishi Rolls Out MRJ, Plans 2015 First Flight 

NAGOYA, Japan—The first Mitsubishi Aircraft MRJ flight-test aircraft, unveiled Oct. 18, will undergo about six months of ground evaluations before taking to the air in the second quarter of 2015.

The second flight-test aircraft is coming together much faster than the first, final assembly of which began a year ago, said a Mitsubishi Aircraft executive. Airframe-contractor Mitsubishi Heavy Industries (MHI), the manufacturing contractor to developer Mitsubishi Aircraft, built a static strength-test airframe before the first flight-test unit.

Cathay To Retire A340-300s By 2017 

Cathay Pacific will withdraw its 11 Airbus A340-300s between 2015 and 2017, the Hong Kong-based carrier says.  

Cathay needs to deploy more fuel-efficient aircraft on long-haul routes, Paul Barwell, airline planning manager, says. “Secondly, we need to recognize that the A340 is a costly aircraft to maintain, and there are considerable maintenance savings to be made by retiring these aircraft earlier.” 

Australia Boosts Jindalee OTH Radar Performance 

An upgrade of Australia’s Jindalee over-the-horizon (OTH) radars has increased the speed, sensitivity and precision of the sensors, and knitted them into the national command-and-control network of the Royal Australian Air Force (RAAF).

The Australian Department of Defense plans to seek preliminary approval for further enhancements in the first half of next year, although the focus of the development effort is now shifting to ensuring the RAAF can operate the system, formally known as the Jindalee Operational Radar Network, until around 2040.

MHI Aims to Cut 777X Risk With Automation 
Mitsubishi Heavy Industries (MHI) is implementing and planning new measures for its Boeing 777 program, including increased automation, to help minimize risk as it looks to its participation in 777 production.
The head of MHI’s Boeing program, Shigefumi Tatsumi, repeatedly used the words “stability” and “robust production” when discussing the changes.
LCCs Lead Boeing To Lift China Narrowbody Outlook 
BEIJING – Beijing’s backing of low-cost carriers (LCCs) and the opening of the Chinese market to new entrants prompted Boeing to markedly upgrade its forecast for the country’s demand for narrowbody airliners, a senior company executive says.
The Chinese-airliner fleet—from regional jets to super jumbos—will grow to 6,930 in 2023 from 2,310 aircraft in 2013, Boeing says in its latest forecast.
F-35s, Aegis proposed for Japan's 2015 budget 

SYDNEY—The Japanese defense ministry has requested a 2.4% rise in funding to ¥4.9 trillion ($47.2 billion) for the fiscal year beginning April 1, 2015.

The proposed budget includes funding for Lockheed Martin F-35s for the Japanese air force as well as funding for a seventh and eights Aegis destroyer for the navy. 

JAL Turns To Mitsubishi, Embraer For New Regional Jets 
Japan Airlines has signed a letter of intent for 32 Mitsubishi Regional Jets which will eventually form the backbone of its domestic regional jet fleet, and has also placed an order with Embraer to cover its more immediate fleet replacement needs
Avicopter AC311A Flies 

BEIJING — Avic rotorcraft specialist Avicopter completed first flight of its AC311A light helicopter, an upgrade of the aircraft offered for the key 2-ton market.

The flight of the aircraft, which introduces the Turbomeca Arriel 2B1A engine to the AC311 series, lasted 10 minutes and took place at Jingdezhen, the home of Changhe Aircraft, a long-established Chinese helicopter maker now part of Avicopter.

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