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(Yicai) Nov. 14 -- Several Chinese aviation companies, including Aero Engine Corp. of China and Xpeng AeroHT, reported record-breaking orders at the 15th China International Aviation and Aerospace Exhibition, also known as Airshow China.
AECC announced yesterday that it signed procurement contracts of intent for over 1,500 general aviation power products with 10 major clients, including AVIC Helicopter Design Institute, United Aircraft Group, and AVIC Chengdu UAS. The contracts are valued at more than CNY10 billion (USD1.4 billion), marking the largest order sum ever for the civil aviation engine manufacturer.
Xpeng AeroHT, the flying car brand of electric vehicle startup Xpeng, revealed it had secured the largest order volume to date in the global flying car sector. The company signed cooperation and pre-order agreements with 12 prospective clients yesterday, totaling nearly 2,010 units.
Airshow China, which runs until Nov. 17, has not yet disclosed the total order volume. However, at the previous event held two years ago in Zhuhai, over USD39.8 billion in cooperation agreements were signed, with a total of 549 aircraft sold, both record-setting figures.
China Aerospace Science and Technology Corp., the main contractor for China’s space program, announced on Nov. 12 that it signed over 70 cooperation agreements and intentions, amounting to nearly CNY60 billion. Project partners include national departments, local governments, industry users, and corporate representatives.
CASC focuses on strategic emerging industries such as commercial space, the low-altitude economy, high-end equipment, and hydrogen energy.
Aviation Industry Corp. of China secured orders for 280 civil aircraft, including 10 AS700 manned airships and intentions for 164 additional units at a signing ceremony on Nov. 12, according to the state-owned aerospace conglomerate. The AS700 is China’s first domestically developed manned airship with independent intellectual property rights and compliance with airworthiness standards.
Additionally, Air China signed a framework agreement with Commercial Aircraft Corp. of China, aiming to become the first global customer for the C929 passenger jet, a widebody aircraft designed to compete with twin-aisle models from Airbus and Boeing. Moreover, Haikou-based Hainan Airlines Holding signed orders with COMAC for 60 C919 aircraft and 40 C909 aircraft.
Editor: Emmi Laine