That was my initial thought as well; that Lancairs would be very popular among the scions of the growing middle-oligarch classes. However, in order for that to happen, there would need to be an established infrastructure to go from kit parts to finished airplanes that are certificated in the applicable regulatory environments. And so far, China has been rather conservative about certificating general aviation airplanes, and there isn't much sign that China is going to trust its citizens with the privilege of building and maintaining their own aircraft. So I think we'll see Cirrus sew up that particular market sector....Now that general aviation has opened up in China, I'm sure that a relatively inexpensive 200-240 mph airplane that can transport medium level executives and drug lords back and forth across China, that can operate out of a 2500 foot runway, and brings with it the ability to put people to work manufacturing these airplanes, might be a decent investment for the Chinese even if it doesn't make sense in America...
The deal would probably be a lot sweeter if the Evolution series was included. But apparently it's not:...approximately one Evolution kit per month...
This all-inclusive offering from Lancair International, Inc., will transfer to buyers all assets... for the 320/360, IV, IV-P, ES and Legacy aircraft components... The facility in Redmond, Oregon will continue to develop the Evolution Turbine and Piston models of airplanes with the newly developed “Evolution Aircraft Company.”
It's going ahead just fine - very much on "Chinese time" though. The 5 year plan was just released and the area of aerospace and aviation has officially been given A+ priority and there is chunks of cash available for expansion in this area.Despite what the Chinese government said a few years back, their sky is still not open to GA as we understand it over here.
Nothing of consequence has happened in the last 4 years and if it takes another 5 years, who can gamble a business on that? Only the people in your last sentence who have huge cash on hand and can afford to lose it. There is still no infrastructure in place after 4 years for procedural ATC, airspace and oversight for something like the huge numbers of GA aircraft we have here. It will be a very long time before this is in place in China given the past performance of the CCP and PLA. Giving up control is not part of their basic makeup.It's going ahead just fine - very much on "Chinese time" though. The 5 year plan was just released and the area of aerospace and aviation has officially been given A+ priority and there is chunks of cash available for expansion in this area.
What is not understood by many outsiders is just how severe the recession here is currently, especially at ground level, bank and private money is extremely tight. Fortunately China is generally asset solid, not paper nonsense although a bunch of people recently lost on the stockmarket bubble - you gamble, you lose, tough.
Of course there is still some people with obscene amounts of money here who simply want to tell their mates they own an aircraft company (serious social claim here) and with the 5 year plan there may be a couple interested in Lancair.
If you read my first post about this part, I said it's nowhere close to what exists over here and that's reality.
The day you can crank up your homebuilt and fly cross country in China