Aviation
Made in China first giant passenger jet makes successful takeoff in maiden flight
By soucre CNBC The maiden test flight of the C919 airliner made a successful takeoff from Shanghai Pudong International Airport on Friday, according to a livestream via Twitter carried on China‘s official news agency Xinhua.
The plane’s flight path and flying time are not yet known, but a large crowd has gathered at the airport waiting for the landing. The C919 has more than 150 seats and a range of 4,075 kilometers (2,532 miles), and is meant to compete with the Airbus A320 and Boeing 737, among the most popular commercial planes flying in the skies. Commercial Aircraft Corp. of China, the state-owned company behind the plane, said 21 customers had placed orders for more than 500 planes by the end of 2016, and it expected sales to exceed 2,000, state media said
China is making a big push to become a global aviation player, looking to compete with the likes of Airbus and Boeing. Establishing itself in this industry has been hailed a “strategic move” by President Xi Jinping, according to written remarks published by state media outlets. Beijing has also identified domestic development and production of engines and planes as a major goal.
Friday’s maiden flight will be a key milestone for the C919, which has been plagued by delays. Final ground tests only concluded a few weeks ago, much later than the original schedule of a first flight in 2014, and aircraft delivery in 2016.
C919 Program
“C919″is the short form of trunk liner code for “COMAC919”. COMAC is the acronym of the Commercial Aircraft Corporation of China, Ltd. The letter “C” is the first letter of both “COMAC” and “China”. It indicates that this trunk liner program is the will of China and her people. It is a short-medium range commercial trunk liner that can claim indigenous intellectual property. Its all-economy class layout entails 168 seats, and the hybrid class layout 156 seats. The basic version is designed to cover a range of 4,075 km, while the enhanced version can stretch to 5,555 km. Such designs may satisfy the operating demands for different routes. Its economic life is designed to be 90,000 flying hours/30 calendar years.
Main features of C919
Safety:
The design, development, and airworthiness examination of the airplane are completely based on international civil aviation rules and regulations and airworthiness standards.
Economics:
Fuel consumption and direct operating cost per seat per kilometer are lower than those of similar existing airplanes.
Comfort:
Broader cabins and wider seats plus advanced system technology to improve comfort.
Environmentally friendly:
New engine to meet noise and pollutant discharge requirements.
Product family:
Covering basic version, extended version, shortened version, cargo version, special version and corporate version
Aviation
No More Jet Airways. Supreme Court Says “No Choice”, Orders Liquidation
Jet Airways was once one of India’s leading airlines, known for its service and extensive network. Founded in 1993, it served millions of passengers, connecting cities across India and international destinations.
However, since grounding its flights in April 2019, Jet Airways has struggled to navigate financial turbulence, leading to years of efforts to revive the airline and return it to the skies.
On Thursday, the Supreme Court ordered the liquidation of Jet Airways, citing “no choice” but to take this decisive step after the resolution plan failed to meet creditor obligations. The court invoked its extraordinary powers under Article 142, which allows it to make orders for “complete justice” in any case, overriding previous tribunal rulings.
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The Jalan-Kalrock Consortium (JKC), which had won the bid to revive Jet, faced criticism for not fulfilling payment commitments to creditors, which included major banks like the State Bank of India and Punjab National Bank.
The Supreme Court’s ruling pointed to “peculiar and alarming” issues surrounding the resolution plan’s implementation, leading to its conclusion that liquidation was the only feasible outcome.
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Chief Justice DY Chandrachud, alongside Justices JB Pardiwala and Manoj Misra, emphasized that while liquidation should be a last resort, it was necessary as the resolution plan was “no longer capable of implementation.”
In line with this decision, the court ordered that the ₹200 crore already infused by JKC be forfeited and directed the National Company Law Appellate Tribunal (NCLAT) in Mumbai to appoint a liquidator to oversee the process.
JKC, a partnership between Murari Jalan, a UAE-based Indian entrepreneur, and Florian Fritsch, a Jet shareholder through Kalrock Capital Partners Limited, had taken ownership of Jet Airways two years after it was grounded. The consortium’s inability to fulfill its financial obligations has now led to this final verdict, marking the end of an era for Jet Airways in India.
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