Chapter 1115: McDonnell Douglas Airliner

That year, the gate of the country was opened, and the President of Eagle Country visited Han, and the relationship between the two sides was normalized. The two sides signed the "Han Ying Science and Technology Cooperation Agreement between the Two Governments", that is, from this year, McDonnell Douglas tried to enter the Han market and began continuous negotiations.
In history, after nearly five years of negotiations. On April 13, 1985, Huating Aviation Industry Corporation and McDonald? Douglas signed the General Agreement on Cooperative Production of MD-82 Aircraft and Compensation Trade. The agreement stipulates that McDonnell Douglas will transfer technology for Huating to produce MD-82 aircraft based on the purchase of accessories, and produce 25-40 aircraft within five years. All are supplied to domestic civil aviation companies.
From 1986 to 1994, Huating Aircraft Factory assembled 35 McDonnell Douglas aircraft of 3 types, of which 5 were sold back to Eagle Country, and 30 were directly painted with the Chinese Civil Aviation. Since then, the production of MD90 passenger planes began, but unfortunately because of negligence when signing the contract, the production of an aircraft was much more expensive than imported. In order to make up for the loss, the government provided a subsidy of 8 million eagle yuan for each manufacturing machine. Finally, two MD90s were installed and it ended.
Although McDonnell Douglas has been annexed by Boeing at this time, the contract in the old employer era can still be continued, but the situation of losing one for each production cannot continue anyway.
At this time, the 20 MD90 raw materials supplied by Yingfang have basically been put into storage, and the value is as high as 500 million Yingyuan. And the cost of newly-built factories, equipment, and personnel training of participating manufacturers are all in vain. We also faced Boeing's claim for "proactively terminating the contract."
In this way, the project officially went bankrupt. The sky of Han was completely occupied by Western aircrafts. Boeing and Airbus continued to earn money from Han’s precious foreign exchange. Han Chinese raised their heads and looked at the sky. Shed endless tears. This project became a completely failed project. On the one hand, it ruined the transportation and completely destroyed the domestic large aircraft industry. On the other hand, it also allowed Han to truly realize how fluent foreign capital means are. In the reform and opening up, how much have you suffered?
Now, when I heard that McDonnell Douglas was coming again, Qin Guan’s expression was ugly. Listening to Major Yang’s words, Qin Guan said:
The McDonnell Douglas company’s design ideas are wrong. Don’t look at their airplanes now. In a few years, no airlines will like it. If we introduce their passenger planes, we will definitely fail in the end."
What Qin Guan said is very simple, this project will definitely fail.
"Everyone doesn't understand McDonnell Douglas. They have many internal conflicts. Cooperating with them is better than cooperating with Boeing." Qin Guan continued.
Major Yang frowned: "Qin Guan, can you persuade people from the Civil Aviation Administration of this reason?"
Qin Guan shook his head: "I don't know, but if the Civil Aviation Administration is unwilling, we are cooperating with the Hans people anyway. The Hans people's airline will have a great demand. A passenger plane, if it wins Europa In the European market, if our Civil Aviation Administration wants to give pointers, I can only hahaha."
Qin Guan stood up: "Let's go, Brother Yang, you take me to visit once."
Qin Guan knows that this is not easy to do. This is different from the company's route. If the company involves too many departments, I am afraid that someone will be dissatisfied with him.
What is the biggest mistake of McDonnell Douglas-82? It is the most classic engine layout of McDonnell Douglas.
If you can't persuade them, then let them do their job. Time will confirm that you are right, Qin Guan thought secretly in his heart.
"This magpie was crying outside early this morning, and I knew that there was a happy event. As expected, it was President Qin who came here to make us flourish."
Qin Guan unexpectedly found that the leaders of the Civil Aviation Administration were very polite to him, but this kind of politeness always seemed to be a little bit of accent. Everyone sat down and Qin Guan began to talk.
"Our North Industries Corporation is taking the lead and we are preparing to jointly develop a regional airliner with MBB. This matter is due to my negligence. I am here to make compensation for all the leaders." Qin Guan said.
"President Qin, this matter has nothing to do with our Civil Aviation Administration. We are now preparing to sign a contract with McDonnell Douglas to produce their most advanced McDonnell Douglas-82 passenger aircraft. What do you think?"
Qin Guan knew that they were holding their breath after hearing the opposite.
"I don't know everyone, do you know the origin of McDonnell Douglas?" Qin Guan decided to start with the odds and ends.
"Then ask Mr. Qin to tell us about it."
"Okay, then I'll introduce it to everyone." Qin Guan was not polite and started talking.
"The full name of McDonnell Douglas is McDonald? Douglas was established after McDonald bought Douglas in 1967. At that time, because Douglas was on the verge of bankruptcy, it was merged by McDonald. "Qin Guan said: "As for the question of Douglas' bankruptcy, it is funny. At that time, Douglas' civil aircraft orders accounted for more than 60% of the global market. As a result, the company went bankrupt. Do you know why?"
Qin Guan's question attracted everyone's attention. Why?
They really don't know these.
"Because they lack cash flow, this is a key to capital operation. We used to be a planned economy. We didn’t need this kind of knowledge. With the reform and opening up, more and more private enterprises appeared, and some enterprises went bankrupt. In the cause of bankruptcy, there will be a lack of cash flow."
"It takes several years for a civil aircraft to be ordered to delivered. A large number of orders does not mean a lot of cash, because they cannot be exchanged for money immediately. Once there is a lack of cash flow, to maintain the operation of the enterprise, it must rely on borrowing to survive. It is very likely to create a vicious circle, which is out of control."
Qin Guan continued: "Douglas did not take strict cash flow austerity measures. Originally, their profitability was good, but it happened to catch up with inflation, which led to a rapid increase in the cost of aircraft. The previous orders were not produced. , Reproduction has become a loss, and it has carried a heavy debt."
"The company couldn't go bankrupt at the time. Once the company really went bankrupt, it would cause huge losses to airlines that had already ordered Douglas aircraft. Therefore, the banking industry proposed that other companies come out to clean up the mess."
"As for MacDonald, although it is small, the company has ample cash flow, and finally bought Douglas with 68 million Eagle dollars. This is almost equivalent to ants swallowing an elephant."
Qin Guan must explain to everyone clearly that McDonnell Douglas has its own contradictions, and it will cause troubles.