GE 2003 Annual Report Download - page 18

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ge 2003 annual ≥epo≥t 29
Sales that speak the local language.
(left to right)
weiming xiang
ge t≥anspo≥tation, ai≥c≥aft engines
yuzhong yang
Chairman, avic i comme≥cial ai≥c≥aft co. ltd. (acac)
li liu
ge comme≥cial finance, aviation se≥vices
China plans to build more than 50 regional airports in the next seven years to meet the country’s need for swifter intra-country travel.
ACAC designed its ARJ-21 regional jet for China’s diverse and demanding flight environments, which include the hot temperatures and
high altitudes experienced on routes in western China. GE worked with ACAC to design its CF34-10A engine for such airspaces.
GE also committed to the long-term success of ACAC and China’s airline industry, leasing aircraft to Air China, opening a new technology
center in Shanghai to work with customers and offering training for Chinese executives in GE management processes. ACAC and
GE see a potential market for 500 ARJ-21s over the next 20 years, representing a potential value to GE of $3 billion.
shanghai, china