MKSheppard wrote:Broomstick wrote:I don't have issue with this figure. It is plausible, even if not likely for a new entry into the field.
No actually it's very likely.
There is a very strong and growing "buy chinese" sentiment in China, and when I say "buy Chinese"; I don't mean the stuff that's made by Foxconn for foreign companies; but indigenously owned designs where the corporate IP money stays in China.
Where it talks about 4,400~ commercial jets being needed for the Chinese aviation market alone; which tallies well with Comac's statement of "we expect to see 3,000 new planes here in China"
And I stated that the figure was
plausible. I doubt all those new acquired airplanes in China will be Comac, though, because there are just so damn
many used airplanes already out there that are perfectly serviceable. Comac might be able to sell their brand new airplanes for 20% less than other brand new airplanes but I doubt very much their price will be lower than a
used airplane. And some folks, Chinese or not, will simply prefer the established brands over a new one.
No, I don't see Comac selling 30k of airplanes over even the next 50 years.
Here, we see silly woman demonstrating poor comprehension.
Silly man totally ignores my point about literally
thousands of already made airliners being available for use. A good portion of that future demand will be supplied by refurbished used aircraft. There might be thousands of aircraft
new to China but a good fraction of them will have had prior owners. Right now a savvy airline could snap up quite a few privately owned Boeings and Airbuses being sold by private owners who can no longer afford upkeep. There is also quite a stock of airliners in mothballs, grounded and put into storage during the current downturn, that can easily be returned to service instead of building new airplanes.
Sure, there's a "buy Chinese" sentiment, but if someone is starting an airline they may be forced by economic reasons to purchase used Boeings or Airbuses rather than new Comacs.
And the demand forecasts all assume the economy will recover, fuel prices won't drastically increase, and nothing else happens to fuck up demand. I'm sure that in 2000 the forecasts for 2010 looked pretty damn rosy, too. Reality turned out different.
Even if predictions are correct and the world will want 30k new airliners by 2029 those will be divided between airplane builders, no one company will get the full number. Comac will be
damn lucky to get an even third of that, or 10k. So, yeah,
maybe they'll sell 10k but no fucking way will they sell thirty thousand new Comac airplanes in that timeframe. I still think a good chunk of that demand for "new" airplanes will be met through already existing airframes. It's the way it's been for a long time, I don't see a reason for a sudden change in the near future.
That also assumes that Comac will have no more problems/accidents than Boeing or Airbus does. If they don't have a safety record close to those two they just won't sell all those tens of thousands of airplanes because it's not economical to buy airplanes prone to crashing. I'd like to be an optimist and say Comac is as good as Airbus or Boeing, but China's been having some serious issues with everything from baby formula to dry wall to toxic tilapia to pet food to toothpaste to... well the list is depressingly long. One seriously has to wonder if they'll do any better with something as complex as an airliner.
Don't get me wrong, I wish Comac success and this an additional big player would be good for competition and keep the two current big players on their toes. I just think the figures given in the linked articles are WAY too optimistic. At least Boeing isn't making the claim
they will sell all 30k of the hypothetical future demand in airliners - Comac shouldn't either, unless they want to look ridiculous.