Boe­ing to de­liver air­craft from Zhoushan

China Daily (Hong Kong) - - BUSINESS - By ZHU WENQIAN zhuwen­qian@chi­nadaily.com.cn

Boe­ing Co aims to de­liver its first sin­gle-aisle B737 MAX 10 air­craft by 2020.

The nar­row-body plane is mainly built at the com­pany’s Seat­tle-based fac­to­ries.

But up to 100 of the sin­gleaisle B737 MAX se­ries air­craft are ex­pected to be rolled out from its Chi­nese fac­tory in Zhoushan to lo­cal cus­tomers.

The Boe­ing plant in Zhe­jiang province will be the com­pany’s first over­seas com­ple­tion and de­liv­ery cen­ter.

Con­struc­tion work at the fac­tory started in early May, and it should be op­er­a­tional and de­liv­er­ing air­craft by the end of 2018.

“With 199 seats, the B737 MAX 10 ex­tends the com­pet­i­tive ad­van­tage of the B737 MAX fam­ily,” said Dar­ren Hulst, man­ag­ing di­rec­tor of mar­ket­ing at Boe­ing Com­mer­cial Air­planes North­east Asia.

Last month, the fuel-ef­fi­cient jet was launched at the Paris Air Show and is ca­pa­ble of fly­ing 370.4 kilo­me­ters far­ther than pre­vi­ous B737 mod­els.

num­ber of new B737 10 air­craft that have been or­dered from Boe­ing

Within two years, Boe­ing will halt the pro­duc­tion of ear­lier ver­sions and shift to man­u­fac­tur­ing the B737 MAX se­ries.

“Air­lines need air­craft that have more seats and lower seat-mile costs,” Hulst said.

“The B737 MAX 10 will help Chi­nese air­lines meet the de­mand of crowded mar­kets dur­ing peak fre­quen­cies and tourism sea­sons,” he added.

More than 360 new B737 10 air­craft have been or­dered from Boe­ing with over 60 of them com­ing from Chi­nese cus­tomers, in­clud­ing Xi­a­men Air­lines, Dong­hai Air­lines, China De­vel­op­ment Bank Leas­ing and Ti­bet Fi­nan­cial Leas­ing.

The air­craft man­u­fac­turer has also pre­dicted that 29,530 sin­gle-aisle air­craft will be needed glob­ally in the next 20 years, with China ac­count­ing for more than 5,000 nar­row­body planes.

“The sin­gle-aisle seg­ment mar­ket will ex­pe­ri­ence the fastest growth, fu­eled by the in­crease of bud­get air­lines and the grow­ing de­mand of emerg­ing mar­kets,” Hulst said.

Boe­ing’s ma­jor global ri­val Air­bus SAS will start as­sem­bling the A320­neo at its as­sem­bly plant in Tian­jin later this month. De­liv­er­ies are pen­ciled in for Septem­ber.

The Euro­pean avi­a­tion gi­ant stole a march on its key com­peti­tor by open­ing an as­sem­bly line in Tian­jin in 2008, Lin Zhi­jie, an avi­a­tion in­dus­try an­a­lyst, pointed out.

This has helped Air­bus lift its mar­ket share in China to about 50 per­cent.

“Boe­ing hopes to make more ef­forts in China by es­tab­lish­ing its first over­seas com­ple­tion and de­liv­ery cen­ter in Zhoushan, and seize the huge mar­ket po­ten­tial here,” said Lin, who is also a colum­nist at Carnoc.com, one of China’s largest civil avi­a­tion web­sites.

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