18 Oct 2021

China Aviation Industry Newsletter 18 October

Airbus talking to China's aviation regulator about A220 certification Airbus is in talks with China's aviation regulator (CAAC) about certifying its AirbusA220 that has received strong interest from domestic airlines said Airbus China CEO George Xu. AutoFlight presents V1500M, an autonomous passenger eVTOL aircraft, at China Airshow AutoFlight debuted the V1500M. autonomous fixed-wing passenger electric vertical take-off and landing aircraft  to the world at the China Airshow in Zhuhai.  The V1500M doesn’t rely on runways and airports. It can vertically take off and land anywhere anytime with maximum operational flexibility. CEO & Founder AutoFlight Tian Yu stated “The V1500M is a milestone – not only for AutoFlight but also for the global development of the urban air mobility. Our company is committed to developing safe and reliable passenger eVTOL aircraft and helping to create a better mobility future.” Chinese bespoke travel provider raises millions of yuan in Pre-A round Xiangmengyou (XMY), a Chinese custom travel agency, has received millions of yuan ($1.5 million)  in its Pre-A funding round. The funds will be used for business development.   Established in 2016, XMY relies on social customer relationship management (SCRM) to attract Gen Z consumers. China might reopen border if vaccination target reached by early 2022: CDC chief China may open its borders after it vaccinates over 85% of its population by early 2022, said Gao Fu, head of the Chinese Center for Disease Control and Prevention, in a recent interview. First carbon-neutral flight takes off from Shanghai China's first "full life circle" carbon-neutral flight took off from Shanghai's Hongqiao airport to Beijing last week signifying it’s ambition to achieve carbon neutrality by 2060. The China Eastern Airlines Boeing 777-300 aircraft was fuelled by the "full life-cycle carbon-neutral fuel" which achieves carbon neutrality during exploration, transport, refining, storage and burning, certified by the Shanghai Environment and Energy Exchange, according to the airline. HAECO Composite signs deal with GAIX in China HAECO Composite Structures (Jinjiang) has entered into a consignment agreement with GA Innovation China (GAIC), the first comprehensive aircraft asset management company in the Chinese mainland. The agreement covers reconditioning services including inspection, test, repair, overhaul and upgrade/modification, as well as marketing, sales and exchange/loan services. Acumen Aviation © 18 October 2021 All Rights Reserved.