Connect with us

Breaking

Canadian company to sell 400 seaplanes to China

Published

on

de Havilland Canada Zdhc-6 Twin Otter seaplanes (GraveBone/ Flickr)

de Havilland Canada DHC-6 Twin Otter seaplanes (GraveBone/ Flickr)

VANCOUVER — Canadian plane maker Viking Air on Friday announced its plan to sell 400 Twin Otter Series seaplanes into China in the next 10-15 years, marking itself the first Canadian company benefitting from the Bilateral Aviation Technical Arrangement signed by China and Canada in February.

At a press conference held in Vancouver’s seaplane harbor on Friday, Viking Air’s CEO David Curtis told reporters that he was excited to gain access into China’s large private market.

“Anywhere from scheduled commuter operators, you know the 19-seat, airport-to-airport plane operators, similar to Harbor Air. You’ve got mining oil and gas resource companies who will use them in the north to replace expensive helicopters who are currently doing the work that the twin Otter can do. So the customer base is wide,” Curtis said.

Under the Bilateral Aviation Technical Arrangement, Transport Canada and China’s Civil Aviation Authority are streamlining approvals for aeronautical products and parts, so that companies on both sides of the Pacific can have an easier time reaching aviation deals.

Kerry-Lynne Findlay, Canadian National Revenue Minister, said at the press conference that they were here to mark the first fruit of the Canada-China arrangement as Viking Air became the first Canadian company to benefit from it.

“China has recognized the Canadian type certificate for Viking’s Twin Otter 400 series, which means Viking can now sell his aircraft into the Chinese market,” the minister added.

Curtis said they were now in talks with Chinese partners to create maintenance centers in China to keep the planes in the air long after they are sold to Chinese customers.

The 19-seat planes sell for a base price of around 6.5 million CAD (USD 5.2 million ) and Viking Air estimates that the whole deal will translate into 3.5 billion CAD (USD 2.8 billion) in sales into China over the next 20 years.

China’s consul general in Vancouver Liu Fei attended the press conference and lauded Canada’s aeronautical industry, saying Viking Air was wise to get a foot into China’s large aviation market.

China is Canada’s second-largest trading partner, with total bilateral trade between the two countries topping USD 70.5 billion in 2014, according to China’s Ministry of Commerce.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest

Man in White Dress Shirt Standing Beside Woman in Pink Long Sleeve Shirt Man in White Dress Shirt Standing Beside Woman in Pink Long Sleeve Shirt
Instagram9 hours ago

What kind of diner are you? 6 types of diners who avoid plant-based meat dishes

Imagine having dinner at a restaurant. The menu offers plant-based meat alternatives made mostly from vegetables, mushrooms, legumes and wheat...

Art and Culture10 hours ago

Coast Salish Canoe Culture comes to the Vancouver Maritime Museum

The Vancouver Maritime Museum is delighted to announce their latest exhibition from local səlil ̕wətaʔɬ and Sḵwx̱wú7mesh artist, Zoe George....

Education10 hours ago

TD and ApplyBoard Collaborate to Support Filipino Students Pursuing Studies in Canada

New relationship to help students planning on studying in Canada prepare their finances and expedite their study permits TD and...

Community News10 hours ago

Filipino Community Leaders Celebrate the Federal Funding Commitment for a Filipino Community Cultural Centre in BC

Vancouver, BC — Filipino community leaders and New Democrat Finance Critic MP Don Davies celebrated together the historic inclusion of...

Community News11 hours ago

Emaciated dachshund found trapped in carrier down embankment getting the care he desperately needs

The starved dachshund was found by a Good Samaritan who was driving his truck to get to mountain bike trails...

Entertainment11 hours ago

“Summer For Reel” brings JoshLia’s “Love You to the Stars and Back” in Boracay

With acoustic performances from Maki, Angela Ken, and Bugoy Drillon Beat the heat with this summer’s must-see outdoor screening event,...

Entertainment11 hours ago

Star Cinema and The IdeaFirst Company announce Vice Ganda’s movie comeback in “And The Breadwinner Is”

Asia’s Unkabogable Phenomenal Superstar Vice Ganda is set to return to the big screen once again after a two-year hiatus,...

Entertainment11 hours ago

Joshua and Julia reunite for new movie “Un/happy for you”

Directed by Petersen Vargas, slated for release this 2024 It is the reunion that is not on anybody’s bingo cards...

Canada News11 hours ago

U.S. gov’t paying to upgrade section of Alaska Highway in the Yukon

By Gabrielle Plonka, CBC News $42.6M has been pledged for the project The Alaskan government has pledged $42.6 million for...

A medical worker examines an X-ray of a patient’s lungs. A medical worker examines an X-ray of a patient’s lungs.
Canada News11 hours ago

Inuit leaders disappointed with budget’s lack of money for tuberculosis elimination

By Brett Forester · CBC News Budget pledges $1.1B for First Nations and Inuit health but offers nothing on TB elimination specifically...

WordPress Ads