Chu Peng thought about it carefully and felt that what Zhao Ye said made some sense, so he stopped insisting on his own opinion.
Of course, it was mostly due to blind trust in Zhao Ye, after all, Zhao Ye's aura of success was just too impressive...
...
"Damn Galaxy Technologies, they're waging a price war! The price of the 'Galaxy Azure Phoenix 98' is so cheap, how are we supposed to sell our planes?" Boeing executives were furious, cursing and swearing, but there was nothing they could do.
Recently, Boeing has lost many orders, and its revenue has decreased by 33% compared to the previous few months.
As a result, Boeing had to announce price reductions for several of its aircraft models.
Bombardier, a globally renowned giant in regional jets, was also stumped when faced with the "Galaxy Blue Phoenix 98".
The main reason is that the other party's price is very cheap. After comparing Bombardier's aircraft with Galaxy Technologies' aircraft, many users still chose the cheaper aircraft.
In order to win back orders, Bombardier had no choice but to lower its prices as well.
There's no way around it; when someone starts a price war, it's hard not to join in...
In an era of exorbitant profits for passenger aircraft worldwide, Galaxy Technologies directly brought them down.
However, Galaxy Technologies' "Qingluan 98" regional jet still makes money even with its low-price strategy, which is a hardship for foreign aircraft manufacturers.
Price wars have always been a winning strategy for Chinese companies.
Therefore, when Galaxy Technology initiated a price war, its foreign competitors were utterly defeated!
More and more airlines around the world are willing to purchase the "Galaxy Blue Phoenix 98", even though the aircraft has not obtained airworthiness certificates from Europe and the United States. After all, they can simply not fly to Europe and the United States.
"Galaxy Technologies has very strong technical capabilities. Their manned spacecraft, rockets, satellites, probes, and so on have always been among the world's best. I believe the civil aircraft developed by Galaxy Technologies will be just as good!" The head of the Thai Civil Aviation Authority told reporters with a beaming smile at the signing ceremony of the "Galaxy-Blue Phoenix 98" contract. Through the purchase of the "Galaxy-Blue Phoenix 98," Thailand's regional air routes have been able to expand rapidly. With reduced aircraft procurement costs and lower airfares, Thai people will be able to travel by air more frequently in the future.
Shortly afterward, the head of Indonesian civil aviation publicly stated: "The Galaxy Blue Phoenix 98 is undoubtedly one of the world's best regional jets, and Indonesia is willing to introduce a large number of Galaxy Blue Phoenix 98s to promote the development of Indonesian aviation!!!"
While Europe and the United States have been disparaging the "Galaxy Blue Phoenix 98", many airlines in Southeast Asia and Latin America have stood up to refute it.
Even Japan and South Korea are planning to buy the "Galaxy Blue Phoenix 98" because it's just a good value for money.
We can't let the interests of Europe and America cause us to suffer losses.
Galaxy Technology's Xi'an Aircraft Manufacturing Plant has become the world's most populous aircraft manufacturing plant due to its ever-increasing number of orders and workers, now numbering over 50,000.
The production and processing of various components has also improved China's high-end manufacturing level.
Moreover, the factory's operating rate is crucial for a company, as it not only sustains the business but also fosters technical expertise and accumulates experience. A higher operating rate results in lower fixed costs per unit of product, further reducing the overall cost of "Galaxy·Qingluan 98" and increasing profits.
Therefore, even if you don't earn much for now, the future is promising.
...
Of course, airplanes are important, but developing high-speed rail seems to be more meaningful for China.
High-speed rail has a much stronger transport capacity than airplanes. In a country as vast and resource-rich as China, the role of high-speed rail is significantly greater than that of airplanes.
Moreover, since Europe and the United States do not issue airworthiness certificates to aircraft independently developed by China, this has, to some extent, hindered the development of China's independent aircraft.
High-speed rail can open up trade routes over land, reviving the glory of the ancient Silk Road!
The Belt and Road Initiative will have a tremendous impact and play an immense role in realizing the great rejuvenation of the Chinese nation.
Of course, it would be best if the "Belt and Road" initiative were proposed by the government. Zhao Ye could just give a slight hint and then join the "Belt and Road" initiative to cooperate with all participating countries and achieve win-win results!
With this in mind, Zhao Ye has recently increased his investment in high-speed rail technology.
Wujiang Group provided funding and personnel, and collaborated with the railway bureau on development, sharing patents.
Initially, high-speed rail technology was introduced from abroad. After absorbing the advanced foreign technology, independent innovation was carried out. After all, the world's fastest train is still not the high-speed rail in Zhao Ye's mind.
(End of this chapter)
Continue read on readnovelmtl.com
