Despite recent news reports suggesting that Sino Swearingen’s Taiwan-government-backed investors are considering exiting the program, “Taiwan continues to support our program,” Mark Fairchild, vice president for marketing and sales, told AIN, “and at the same time is looking for additional investors to help increase our production rate.” The second delivery of a Sino Swearingen SJ30 was imminent as this issue went to press.
Republic of China
Taiwan’s government is expected to lift a long-standing prohibition of private aircraft ownership in the first quarter of next year. Several charter providers that already operate helicopters as permitted under existing rules have indicated, off the record, that they are now making plans to buy business jets later this year.
“When China wakes, it will shake the world.” French Emperor Napoleon Bonaparte’s assessment now lies at the heart of a major polemic between the U.S. and the European Union over the EU’s proposal to lift its arms embargo on the People’s Republic of China.
The concern of some watchers is just what the end game is for China’s more than 15-year drive to modernize its defense industrial base. Part of the People’s Liberation Army’s (PLA) goal is to keep generating revenue with the type of foreign arms sales that made so much money for it in the 1980s.
Twenty Japanese offices and homes were raided late last month by more than 200 investigators on suspicion that Yamaha was attempting to unlawfully export its R-Max unmanned helicopters to China.
Executive charter broker Hunt & Palmer is opening an office in Hong Kong next month. This will serve as the UK-based company’s bridgehead for developing charter bookings in the potentially huge mainland China market. It also has a new charter brokering office in Singapore to handle the wider Pacific-Rim region.
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