To promote the development of Taiwan's aerospace industry, AIDC's Chairman Liao again led a management delegation to attend the 2018 Farnborough Airshow. Meeting with more than 50 customers which included for an example; Airbus, Bombardier, GEA, Lockheed Martin, MITAC, PFW, to mention only a few to seek orders for the next 5 years estimated at 180 billion New Taiwan Dollars.
Chairman Liao reiterated the most significant event this year is alliance between Airbus and Bombardier. Airbus will be responsible for C Series sales, procurement management and customer service support. Recently, C Series; CS100 and CS300 were officially incorporated into the Airbus passenger aircraft product line, and officially renamed A220-100 and A220-300. The A220 series is aimed at the target market of 100~150 seats. Designed to complement the existing single-aisle A320neo series, Airbus has also requested reducing the cost of C Series suppliers to improve product competitiveness, which will result in a reshuffle of the original C Series supply chain.
Global civil aviation aircraft manufacturers, both Airbus and Boeing predict that future market will reach 5.8~6.1 trillion U.S. dollars in the next 20 years with single-aisle aircraft to continue to account for the largest demand for new aircraft. According to the latest market forecast released by Airbus in July this year forecasted the requirement for single-aisle aircraft for the next 20 years will exceed 28,500 aircraft. AIDC has successfully acquired the airframe sections of the single-seat aircraft including the Airbus A320/A320neo/A220 series, Boeing B737/B737Max and MITAC MRJ, as well as major engine components.
According to PwC publication; “Aerospace Manufacturing Attractiveness Appraisal Report 2017”, Taiwan ranked 6th. In addition, according to the 2017 Global Aerospace and Defense Industry Financial Performance Study released by Deloitte, AIDC's revenue scale has become one of the world's top 100 major aerospace defense companies, showing that Taiwan and AIDC has earned international recognition in the international aerospace community.
From the Farnborough Air Show, we observed the supply chain system countries; France, United States, Japan, United Kingdom, Canada, Mexico and other countries to form a clustering effect of the supply chain. Chairman Liao believes that it is necessary to apply the success of the advanced countries in the aerospace field to develop clustering effect throughout the Taiwan government's new Advanced Jet Trainer, the next-generation indigenous fighter; and the "A-Team 4.0 Alliance" to cultivate high-level technical talents and to promote Taiwan's industrial upgrade to assure Taiwan's international recognition as a world-class aerospace supply chain.