News
Deer Air to be renamed Capital Airlines
 
By Hou Lei (chinadaily.com.cn)
Updated: 2010-02-08 17:50

Beijing's municipal government is to inject capital into Deer Air, an airline focuses on the business jet service, and rechristen the carrier Capital Airlines, Monday's newspaper China Business News reported.

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China's Engine Aspirations Taking Shape

By: Gregory Polek from AIN.com

CFM International and ACAE in December signed an MOU to build an assembly line in China for a version of the new Leap-X engine to power the C919.

By the time the three examples of the Comac ARJ21 regional jet had accumulated some 220 flight hours by the middle of this month, China had proven that it could assemble and fly an indigenous airplane derived from a Western design. But the country’s aspirations to become a global aerospace power will demand more than an ability to adapt already mature Western technology to programs meant almost solely for domestic consumption. Hence, this month’s official ground-breaking of a new engine research and development center in Shanghai might have carried more significance to the Chinese than even the considerable publicity surrounding it suggested.
 

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Mainland Banks Bankroll Aircraft Purchases


By Lu Haoting (China Daily)
Updated: 2009-11

Chinese banks are expected to become an important source of capital financing for airplane purchases globally in the coming years as they fill a void left by the exit of many US and European banks, a senior executive from Boeing's financing arm said yesterday.
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