AVIC acquires Cirrus Aircraft Induistries
- Thread starter AssassinsMace
- Start date
MwRYum
Major
Of course the general aviation in China would take off once they implement the road map to open the sky (China's airspace is about the most controlled one in the world), though that'd take years...
But given the slump in such market these days, what'd be the benefit to procure Cirrus?
But given the slump in such market these days, what'd be the benefit to procure Cirrus?
Asymptote
Banned Idiot
The keyword here is : "pending approval"....
I highly doubt it will be approved.
Huawei acquired and completed the transaction of 3Leaf systems (specialized in server virtualization) early last year, and few months later US government - specifically Committee on Foreign Investment and the Pentagon took the unusual step of demanding that Huawei retroactively apply for a CFIUS review. This basically force Huawei's to abandon its acquisition even though the transaction was completed. The charge they based this on the fact that "Huawei was founded by PLA officers"....
Seriously, how is "server virtualization" even constitute national security?? The virtualization technology is widely known understood and Huawei probably acquired 3Leaf systems merely for the patent portfolio.
So, this Cirrus Aircraft Induistries acquisition? Fat chance it will get approved. AVIC WORKS DIRECTLY FOR PLAAF.
EDIT: On a second thought, this has become a pattern of bad behaviors from USA.
Back in 2005, when CNOOC (China National Offshore Oil Corporation) tries to buy Unocal, it was blocked, because it concerns "national security".
But when China slows down export of rare earth productions, US files complaints at WTO for "unfair trade practice".
And now more Chinese companies that tries invest/acquire foregin companies or projects, it would get blocked due to "national security concerns" ( eg. ZTE, Huawei, and couple of others I can't remember).
Maybe China should just use the same excuse USA use.
Last edited:
MwRYum
Major
The keyword here is : "pending approval"....
I highly doubt it will be approved.
Huawei acquired and completed the transaction of 3Leaf systems (specialized in server virtualization) early last year, and few months later US government - specifically Committee on Foreign Investment and the Pentagon took the unusual step of demanding that Huawei retroactively apply for a CFIUS review. This basically force Huawei's to abandon its acquisition even though the transaction was completed. The charge they based this on the fact that "Huawei was founded by PLA officers"....
Seriously, how is "server virtualization" even constitute national security?? The virtualization technology is widely known understood and Huawei probably acquired 3Leaf systems merely for the patent portfolio.
So, this Cirrus Aircraft Induistries acquisition? Fat chance it will get approved. AVIC WORKS DIRECTLY FOR PLAAF.
EDIT: On a second thought, this has become a pattern of bad behaviors from USA.
Back in 2005, when CNOOC (China National Offshore Oil Corporation) tries to buy Unocal, it was blocked, because it concerns "national security".
But when China slows down export of rare earth productions, US files complaints at WTO for "unfair trade practice".
And now more Chinese companies that tries invest/acquire foregin companies or projects, it would get blocked due to "national security concerns" ( eg. ZTE, Huawei, and couple of others I can't remember).
Maybe China should just use the same excuse USA use.
It ain't like Sony acquire Columbia Pictures y'know...it's not just about what they have but "where they can go from here?" and the talent pool such company process. In legal terms, you can say it's creating a precedence.
Cold War mentality? Nah, everybody is doing that. The difference is China have nothing worthy for the west to nab, and their embargo on high-tech products still in effect.
But back to topic, what'd Cirrus able to provide China? China can design good small aircraft like others, what knowhow they'd need are advanced composites, high performance engines and experience in building large aircrafts. But Cirrus? Yes they've production facilities in US, England and Australia, but they focus in making kit planes.
Or could they be interested in the Cirrus Parachute System, believe they can have more use than they currently serves? But Cirrus doesn't own that patent, Ballistic Recovery Systems does.
MwRYum
Major
For historical reasons, China has the most restricted airspace control the world have seen, which to an extent is exactly what stagnate the development of its aircraft industry, especially the small-to-medium and helicopter sectors. Which is why when the roadmap to open the sky was announced during the Zhuhai airshow last year, the aviation industry stocks jumped by a few percentages - and for a side note, for years while the aviation sectors talked about open sky is key to China become a major aviation powerhouse, the strongest opponent to this were none other than the PLAAF, guess they finally relent thanks to the modernization...
However, even with the road map the implementation would still take a decade at best to realize into real benefit to the aviation sector...
AssassinsMace
Lieutenant General
I surprised to hear that this deal apparently went through.
[video=youtube;4IKXzwZCe48]http://www.youtube.com/watch?feature=player_embedded&v=4IKXzwZCe48[/video]
AVIC's Cirrus to reveal a Cool jet aircraft in January 2012
2011-12-02 (China Military News cited from flightglobal.com and by John Croft) -- Capitalised by its new China-based owner - China Aviation Industry General Aircraft (CAIGA) - Cirrus plans to reveal certification and production plans for its SF50 Vision single-engined jet in January.
"CAIGA is fully on board with the programme," said Vision sales director Gary Black. "It's definitely going to happen, but we have not yet published a timeline."
CAIGA, the general aviation arm of AVIC, completed its 100% acquisition of Cirrus in June, but officials did not reveal long-term plans for the SF50, other than to say the programme had a bright future.
Black said Cirrus has booked "just under" 500 orders for the SF50 to date, based on $50,000 non-refundable deposits that have been coming in at a rate of about one a week. The deposit locks buyers into a $1.72 million price for a "well-equipped" Vision, said Black, although buyers can use up to half the deposit to buy an SR22 as interim lift or training until their jet is delivered. After delivery, Cirrus will take the SR22 back in trade at "somewhere between wholesale and market value", Black said.
The prototype SF50 was flying three to four times a week until November, accumulating 650h on the engine and airframe. It also completed a run through of all aspects of the future US Federal Aviation Administration certification flight-test programme, except for parachute deployment.
"We've been through the entire flight-test envelope, including ice testing," said Black, adding that the V-tailed design has gone through "two winters" of ice testing, including tests with ice shapes attached to surfaces as well as in natural icing. Black said the FJ33-4A-19 engine has been shipped back to Williams International for a tear-down inspection.
Black said nothing came of a US State Department review of potentially sensitive design details on the engine in the prototype SF50 requested by Williams this summer. "It never seemed to be a problem. It was only an issue because the engine was not yet certified," he said.
Before the official flight-test programme can begin, Cirrus has to build production tooling and conforming aircraft. Black said plans are to build three flight-test aircraft: an aerodynamic conforming aircraft, followed by an aerodynamics and systems conforming aircraft, and then an aerodynamics, systems and avionics-conforming ship.
Most of the SF50 design is "locked in", said Black, although latching mechanisms, angles of avionics displays and other "tweaks" are on-going.
[video=youtube;4IKXzwZCe48]http://www.youtube.com/watch?feature=player_embedded&v=4IKXzwZCe48[/video]
AVIC's Cirrus to reveal a Cool jet aircraft in January 2012
2011-12-02 (China Military News cited from flightglobal.com and by John Croft) -- Capitalised by its new China-based owner - China Aviation Industry General Aircraft (CAIGA) - Cirrus plans to reveal certification and production plans for its SF50 Vision single-engined jet in January.
"CAIGA is fully on board with the programme," said Vision sales director Gary Black. "It's definitely going to happen, but we have not yet published a timeline."
CAIGA, the general aviation arm of AVIC, completed its 100% acquisition of Cirrus in June, but officials did not reveal long-term plans for the SF50, other than to say the programme had a bright future.
Black said Cirrus has booked "just under" 500 orders for the SF50 to date, based on $50,000 non-refundable deposits that have been coming in at a rate of about one a week. The deposit locks buyers into a $1.72 million price for a "well-equipped" Vision, said Black, although buyers can use up to half the deposit to buy an SR22 as interim lift or training until their jet is delivered. After delivery, Cirrus will take the SR22 back in trade at "somewhere between wholesale and market value", Black said.
The prototype SF50 was flying three to four times a week until November, accumulating 650h on the engine and airframe. It also completed a run through of all aspects of the future US Federal Aviation Administration certification flight-test programme, except for parachute deployment.
"We've been through the entire flight-test envelope, including ice testing," said Black, adding that the V-tailed design has gone through "two winters" of ice testing, including tests with ice shapes attached to surfaces as well as in natural icing. Black said the FJ33-4A-19 engine has been shipped back to Williams International for a tear-down inspection.
Black said nothing came of a US State Department review of potentially sensitive design details on the engine in the prototype SF50 requested by Williams this summer. "It never seemed to be a problem. It was only an issue because the engine was not yet certified," he said.
Before the official flight-test programme can begin, Cirrus has to build production tooling and conforming aircraft. Black said plans are to build three flight-test aircraft: an aerodynamic conforming aircraft, followed by an aerodynamics and systems conforming aircraft, and then an aerodynamics, systems and avionics-conforming ship.
Most of the SF50 design is "locked in", said Black, although latching mechanisms, angles of avionics displays and other "tweaks" are on-going.