Half a month later, the Civil Aviation Administration of China published an announcement of its reform policy in the newspaper, which elaborated on the country's requirements and measures for the implementation of civil aviation reform.
Su Nuan took the freshly published newspaper of the day and started reading it carefully without even having time to eat breakfast. The newspaper said:
The rapid development of China's civil aviation industry began with reform and opening up. Following the Third Plenary Session of the 11th Central Committee of the Communist Party of China, China's civil aviation industry took the lead, opening a series of trunk and branch routes centered around Beijing, Shanghai, and Guangzhou.
To meet the needs of route development, China Civil Aviation has accelerated the updating of aircraft models to further narrow the gap between my country's transport aircraft and the advanced level of international civil aviation.
In order to adapt to the demand for transport capacity in the development of air transportation, in the early 1990s, China United Civil Aviation accelerated the pace of introducing and replacing aircraft, adopted various financing methods to purchase transport aircraft, and continuously expanded the size of its fleet.
Since the reform and opening up, the civil aviation system has undergone significant changes. Through reform, the previous civil aviation management system, which integrated military and civilian affairs and separated government and business, has gradually transformed into a system that separates government and business, localizes airport management, and allows enterprises of various ownership structures to compete on an equal footing.
We will continue to advance the market-oriented reform of civil aviation, enhance market competition, and increase market vitality to meet the growing travel needs of the general public.
China has over 80 transport airlines, forming a diversified and competitive market, including 71 passenger airlines and 9 cargo airlines.
China Civil Aviation is also a pioneer in opening up to the outside world.
On May 3, 1980, Beijing Air Catering Company, a joint venture between the Civil Aviation Administration of China (CAAC) Beijing Administration and Hong Kong China Air Catering Co., Ltd., officially opened. This was the first joint venture approved in China after the Third Plenary Session of the 11th CPC Central Committee, and was dubbed "No. 1."
Today, civil aviation will usher in new reforms and developments. We hereby announce the following:
The Civil Aviation Administration of China and the Ministry of Foreign Trade and Economic Cooperation jointly issued policy regulations on foreign investment in the civil aviation industry, determining that China's civil aviation will conduct a pilot program for foreign investment in and participation in China's civil aviation transportation industry.
According to this policy, China United Airlines began to issue 10,000 foreign shares a week later, becoming the first domestic airline with foreign investment.
In addition, China Eastern Airlines, China Southern Airlines, and Air China will successively be listed overseas, opening up channels for China United Airlines to utilize foreign capital.
Su Nuan put down the newspaper with a satisfied smile on her face. She immediately picked up the phone and dialed Peter's number, her tone filled with excitement and determination.
"Peter, I just received a notice from the Civil Aviation Administration of China that China Airlines will issue 10,000 foreign shares in a week. This is a great opportunity! We must prepare the necessary funds as soon as possible to ensure that we can obtain more shares when the stock is issued. This will allow our company to occupy an important position in China's civil aviation sector."
Peter on the other end of the phone was equally excited. He could sense Su Nuan's emphasis and determination on this project. He immediately replied:
"Mr. Su, don't worry. I will do my best to prepare the funds and investment qualifications. We must seize this opportunity to become a major shareholder of China Airlines!"
Su Nuan then called Aiden in Hong Kong and expressed her expectations and requests to him over the phone.
"Aiden, you need to pay close attention to the overseas listings of airlines like China Eastern Airlines, China Southern Airlines, and Air China. Once they issue shares, we must purchase as many shares of these companies as possible. This is crucial to the future development of our company!"
Aiden listened carefully to Su Nuan's instructions on the other end of the phone. He was well aware of the importance of this mission and also understood Su Nuan's strategic vision for the Chinese civil aviation market.
He replied, "Mr. Su, I will pay close attention to the listing of these airlines. We will act promptly and strive to obtain more stock shares!"
After hanging up the phone, Pete and Aiden got busy.
They organized the team, prepared funds, researched investment strategies, and made full preparations for the upcoming stock issuance. They understood that this was a critical moment and they had to go all out to lay a solid foundation for the company's future development.
In the days that followed, Pete and Aiden worked day and night with their team members, carefully studying China Express Airlines' financial statements, market prospects, and competitive advantages.
They work closely with investment bankers, lawyers, and accountants to ensure everything complies with legal and regulatory requirements.
A week later, China Express officially issued its foreign-invested shares. Peter and Aiden led their team to act quickly, investing heavily and successfully acquiring a significant stake in the company.
At the same time, they also actively purchased stocks issued by several airlines after China Eastern Airlines, China Southern Airlines, Air China and other airlines went public overseas.
Over time, Su Nuan's investment strategy gradually paid off. Her company became a major player in China United Airlines, establishing close partnerships with major airlines. The Su Group also left a significant mark on China United Airlines' history.
After the investment in civil aviation was completed, Su Nuan had time to start considering purchasing his own private jet. Currently, the more famous aircraft manufacturers on the market are Boeing and Airbus.
Comparing the two companies, Boeing's red color is more famous than Airbus's. However, Su Nuan knows that the quality problems of Boeing aircraft in the future are just like its name ranking first in the world.
Compare brands based on their history, performance, safety record, and comfort.
Boeing and Airbus are both aircraft manufacturers with a long history, and their aircraft are widely used around the world.
Airbus and Boeing aircraft have their own advantages in terms of performance. Airbus aircraft generally have larger fuselages and more advanced aviation technology, providing greater passenger capacity and lower operating costs.
In addition, Airbus's aircraft also have higher flight speeds and longer ranges, making them more competitive on long-haul and international routes.
Boeing's aircraft perform well on short-haul and domestic routes. Its aircraft have a shorter take-off and landing distance and can take off and land on shorter airport runways, improving operational efficiency.
Secondly, safety is one of the most important factors in choosing an aircraft.
Both Airbus and Boeing have good safety records, but according to some data, Airbus's aircraft perform slightly better than Boeing's in terms of safety.
This may be related to Airbus's greater focus on safety in aircraft design and manufacturing.
Finally, it is the comfort that Su Nuan cares about.
Airbus and Boeing aircraft also differ in terms of comfort. Airbus aircraft generally use more advanced aviation technology, providing a smoother ride and lower noise, making passengers more comfortable during the flight.
Boeing's aircraft provide a better comfort experience in some details, such as seat comfort and in-flight entertainment facilities.
After comparing the two, Su Nuan finally chose the Airbus plane because she planned to use it as a private plane. Su Nuan had many ideas about aircraft manufacturing. In order to realize her ideas, she planned to contact the aircraft manufacturer to build a private customized aircraft.
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