Aero-engine, the well known ‘crown jewelry’, is also the cutting edge of the equipment manufacturing industry. It is estimated that in the next 10 years, China's military and civilian aviation engine market will exceed the annual average market size of more than 110 billion yuan, of which more than 80 billion are civilian markets. In the next 20 years, China's airlines will have about 4,700 new machines delivered, with a market value of more than $500 billion. The substantial increase in demand for the whole machine will definitely drive the market for engine demand. Assume that the engine price is 25% of the whole machine price, and the domestic engine market share is 40%. The domestic aircraft engine demand driven by the growth of domestic passenger aircraft in the next 20 years is 50 billion US dollars.
Unders this background, hosted by Chinese Society of Aeronautics and Astronautics, supported by Commercial Aircraft Corporation of China Ltd., Aviation Industry Corporation of China. Ltd., Aero Engine Corporation of China as well as organized by AVIC Xi'an Aircraft Industry (Group) Company Ltd. and AECC Xi’an Aero-Engine Ltd., and Co-Organized by Galleon, the 8th China Aerospace Propulsion Technology Forum 2019(held in conjunction with 10th Civil Aircraft Industry International Forum 2019) will be held on September 26th -27th is an unmissable conference in Xi’an. This forum will provide insights into the current status and future trends of China Aero-engine industry through keynote speeches, panel discussions, exhibitions, one-on-one business negotiations and media interviews, focusing on flight safety.
Chinese Society of Aeronautics and Astronautics
Commercial Aircraft Corporation of China Ltd. Aviation Industry Corporation of China Ltd. Aero Engine Corporation of China
AVIC Xi’an Aircraft Industry (Group) Company Ltd.AECC Xi’an Aero-Engine Ltd.
Galleon (Shanghai) Consulting Co., Ltd.