CHINA TOPIX

04/29/2024 03:15:39 am

Make CT Your Homepage

China Sees Improved Flight Safety in 2015, Growth in Aircraft Manufacturing Industry Expected

China's First Self-developed Large Passenger Jetliner C919 Rolls Off Production Line

(Photo : ChinaFotoPress/2Getty Images) China has seen an increase in flight safety in 2015, and foresees a growth in the domestic aircraft manufacturing industry.

China saw improvements in the flight safety sector in 2015, and this is expected to translate to substantial growth in the aircraft manufacturing industry.

Chinese civil aircrafts have completed about 3.62 million safe flights, totalling 8.46 million hours, Li Jian, deputy head of China's Civil Aviation Administration, said. This is 7.4 percent and 10.8 percent higher than the earlier year respectively.

Like Us on Facebook

Li added that the rate of aircraft incidents as well as human-triggered incidents has seen a decrease of 59 percent and 17.6 percent respectively, when compared year on year, according to Xinhua.

China Southern Airlines has been named the best domestic airline in terms of the civil aviation safety record, with a total of 15.26 million safe flight hours in 2015.

While this new report shows China's efforts to promote growth in the aviation industry, an earlier report showed the nation's efforts to bring about an increase in its production of domestic aircrafts.

As of now, most of what China allocates for acquiring new aircraft or aircraft parts are reportedly spent on importing items from Boeing or Airbus.

Additionally, Boeing has forecasted that China will be spending nearly $800 billion on new aircraft in 20 years.

Despite China being the world's largest and most successful manufacturer of various goods ranging from electronics, clothing, plastics and many other things, it has been comparably less successful in terms of building a civil aviation manufacturing industry. In 2014, China imported over $100 billion in aircraft parts from the U.S., while exporting only $3 billion worth of products outside the country.

However, a recent agreement signed between China's Shantou Municipal Government and Israel Aerospace Industries is expected to bring about substantial development in China's aviation industry.

“When you combine the innovation and entrepreneurial spirit of Israel with the unbelievable scale of China, you have a great partnership,” Technion president Peretz Lavie said of the agreement.

Both China and Israel have high hopes for the new agreement, according to IAI's Civil Aviation Group head Gadi Cohen.

“We are confident that these and other initiatives will open new business opportunities for us and our Chinese partners,” he said.

Real Time Analytics