The U.S. would rather lose $80 billion than stop supplying aircraft engines to China!

Welcome to VOC - Vision of China,In today’s episode, we explore a critical topic - the United States’ potential $80 billion loss due to discontinuing aircraft engine supplies to China. Earlier this year, China marked a significant milestone with the maiden commercial flight of its C919 large commercial aircraft at Beijing Capital International Airport. This achievement highlighted China’s advancements in the global civil aviation market. However, concerns arise regarding the C919’s engine supply, as it’s not entirely domestically manufactured. What consequences could arise from a disruption in C919 engine supplies from the United States? The production of large commercial aircraft has evolved into a complex global process, with few nations capable of undertaking such projects. China’s 14-year journey in developing the C919 resulted in a 60% domestic production rate, surpassing Boeing’s 40% for the 747. Boeing, which holds over 50% of China’s commercial aircraft market, faces challenges from China’s Commercial Aircraft Corporation (COMAC). In response, Boeing has threatened to cease supplying C919 engines if China reduces its acquisition of Boeing aircraft, reflecting China’s growing influence in the aviation industry. China is actively advancing its own engine technology, with the CJ1000A project set to reduce reliance on American and French suppliers. Reports indicate substantial orders for the C919, primarily from Chinese entities, raising questions about Boeing’s stance.