Why is China’s approval of the max model crucial to restoring Boeing’s delivery share From Cirium

The following is the Why is China’s approval of the max model crucial to restoring Boeing’s delivery share From Cirium recommended by recordtrend.com. And this article belongs to the classification: Aviation Data.

This article was written by Max Kingsley Jones, senior consultant of ascend by cirium

The delivery of about 100 pre built aircraft is awaiting a decision on go around and is still at an impasse.

The news about the potential progress of 737 Max’s go around in China is a crucial development for Boeing, as it relates to whether it can regain the single channel aircraft delivery market share and national air operator customers for one third of the approximately 290 pre built aircraft awaiting delivery.

Although the aircraft has been gradually approved in the Americas, Europe and the Middle East, it is still grounded in the whole Asia Pacific region. Cirium data show that 58% of the world’s 518 delivered Max aircraft have gone around. However, among the 139 Max aircraft owned by Asia Pacific Airlines, only one is operated by Kazakhstan scat airlines.

There are few details about the expected timetable for China’s approval of the model’s go around. Boeing officially said it expected to make a decision before the end of the year. However, recent news reports show that the whole situation may have made some early progress. People in the Chinese government have “indicated” their willingness to open re certification, and Boeing may send a team to China in late July.

Source: cirium (airline / operating lessee)

When grounded in March 2019, China has the largest single Max fleet (97 aircraft), which still accounts for about 45% of all grounded Max aircraft. Cirium data show that of the 291 undelivered Max aircraft flying before August 2020, about 101 were originally scheduled to fly to China (although cirium believes that several of them have been reassigned to United Airlines).

Cirium data show that Asia Pacific operators account for 52% of pre built undelivered Max aircraft. Novel coronavirus pneumonia continues to restrain aviation demand in the Asia Pacific region, which may limit the demand for re delivery of some carriers, but other countries in the Asia Pacific region may still be waiting for China’s decision on Max’s re flight.

However, before the market changes in China and the wider region, Airbus dominated the market share of single channel aircraft delivered to the Asia Pacific region.

Source: cirium (data as of June 30, 2021)

In the two years before the grounding in March 2019, Airbus lagged behind Boeing in China’s single channel field, delivering 43% and 42% of all single channel aircraft in 2017 and 2018, respectively. China novel coronavirus pneumonia has been a significant decline in total deliveries. Since the Max was grounded, Airbus has delivered 286 A320 series aircraft to China, while Boeing has delivered only 12 of 737 – China’s last batch of 737NG.

In the years before the grounding, Airbus had a slight advantage in the delivery share of commercial single channel aircraft in the whole Asia Pacific region, and then almost completely monopolized the whole market. Cirium data show that Airbus has delivered 612 A320 series aircraft to the Asia Pacific region from 2019 to 2021 (so far this year), while Boeing has delivered only 30 737 max / ng aircraft.

The approval of Max go around by the Civil Aviation Administration of China will not only clear the obstacles for its return to the sky, but also dredge the delivery pipeline of Boeing’s key overseas markets. Boeing in Seattle can’t wait for it. Boeing continues to launch and fly the new Max aircraft for Chinese customers, indicating that it expects to reach a solution soon. More reading: Cirium novel coronavirus pneumonia: COVID-19’s raging April supply to the air passenger market: Cirium: Boeing’s 787 stock Cirium: air travel demand for business aviation Cirium: during the Spring Festival holiday is expected to sharply reduce Cirium in the new crown pneumonia epidemic market environment: it is predicted that air demand will not be resumed until air travel in 2024-2025 years. Aviation insight trend report cirium: 2020 fleet forecast report cirium: how will the air traffic volume change during the Spring Festival transportation in 2021? Cirium: imbalance between supply and demand, pressure on the value of wide body aircraft cirium: Observation on the market and aviation operation during the Labor Day holiday in 2021 cirium: sentiment index of commercial aircraft market in June 2021 cirium: the advantage of air cargo ahead of interruption events cirium: supersonic transport boom, loud thunder, little rain? Cirium: it is expected that Chinese airlines will purchase 19% of the production aircraft from 2019 to 2038. Cirium: eight digital transformation initiatives for air cargo

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