Core Points - Airbus announced a significant number of A320 aircraft are grounded due to flight control software vulnerability to strong solar radiation [1][3] - Approximately 6,000 aircraft are affected and will undergo urgent repairs [1][3] Group 1: Incident Details - Analysis of a recent incident involving an A320 aircraft revealed that strong solar radiation could corrupt critical data relied upon by the flight control system [3] - The incident referenced involved a JetBlue Airways A320 that experienced a sudden altitude drop on October 30, injuring several passengers [3] Group 2: Impact on Airlines - Over half of the global A320 fleet is impacted, leading to flight cancellations and delays for multiple airlines [5] - American Airlines, the largest A320 operator, reported that about 340 of its 480 A320 aircraft require repairs, with most expected to be completed by November 29 [5] - Avianca Airlines indicated that over 70% of its fleet, approximately 100 aircraft, will face significant disruptions in the next 10 days, prompting a suspension of ticket sales until December 8 [5] Group 3: Repair and Maintenance Challenges - The repair process primarily involves reverting to an earlier software version, which is relatively simple, but requires aircraft to be moved to maintenance centers [3][5] - Approximately 1,000 aircraft will need hardware replacements, with operations expected to take several weeks [3] - The current peak travel season and a backlog of aircraft awaiting engine repairs or inspections may exacerbate the situation, leading to widespread flight disruptions [5]

Core Viewpoint - Airbus has announced an urgent grounding of a significant number of A320 aircraft due to flight control software vulnerabilities affected by strong solar radiation, impacting approximately 6,000 aircraft that require immediate repairs [1][5]. Group 1: Incident Details - A recent incident involving an A320 aircraft operated by JetBlue on October 30, which experienced a sudden altitude drop, has prompted Airbus to analyze the situation and notify all customers using the affected software to "immediately stop flying" [5]. - The recall notice has been issued to over 350 A320 operators, with the primary repair solution being a "rollback to earlier software," which is relatively simple but requires aircraft to be moved to maintenance centers for repairs [5][12]. - Approximately 1,000 aircraft will also need hardware replacements, with the repair operations expected to take several weeks [5]. Group 2: Impact on Airlines - The grounding has led to significant disruptions, with many airlines reporting flight cancellations and delays, affecting over half of the global A320 fleet [7]. - American Airlines, the largest operator of A320 aircraft, has indicated that out of its 480 A320s, around 340 require repairs, with most of the work expected to be completed by November 29 [8]. - Avianca, a Colombian airline, reported that over 70% of its fleet, approximately 100 aircraft, will be affected, leading to major disruptions and the suspension of ticket sales for flights before December 8 [9]. Group 3: Broader Industry Implications - Other airlines, including Lufthansa, easyJet, Jetstar, Air New Zealand, and All Nippon Airways, are also planning to ground aircraft for short-term repairs [10]. - Industry insiders suggest that about two-thirds of the affected aircraft only require a brief grounding for software rollback, but the current peak travel season and a backlog of aircraft awaiting engine repairs may exacerbate the situation, leading to widespread flight chaos [12].

C919从研发到投入使用，是一个艰难的过程。2008年项目启动时，中国的航空工业还处于追赶阶段，许多技术需要从零开始学习。经过十多年的不懈努 力，C919终于在2022年9月底获得了中国民航局的适航证，2023年5月底，东航便将第一架投入了商业运营。 最初，从上海飞往北京、成都等地的航班，乘客对C919的新鲜感让上座率非常高。预计到2025年，东航、南方航空和国航等大型航空公司累计订单将超过 千架，主要用于国内干线运输。C919的大部分零部件，约80%，来自欧美供应商，这也可以看作是一次国际合作。 C919的发动机是由CFM公司提供的LEAP-1C发动机，这款发动机具有稳定的性能和低油耗，极大地提升了飞机的整体表现。2024年上半年，欧洲航空安全 局（EASA）的专家团队还专程来到上海考察，并对飞机的设计给予了积极反馈。大家当时普遍认为，认证应该不会有什么问题，毕竟C919已经飞行了上万 小时，积累了大量数据。 吉勒梅对C919影响力的承认，虽然表面上是对其实力的肯定，但其中也隐含着警惕。中国的航空产业近年来投入巨大，从原材料到组装的产业链都在不断 升级。CJ-1000A发动机的进展就是其中的一个例子，测试数 ...

此外，美国航空公司当日表示，由于大量空客A320飞机需要进行重大软件升级，预计将出现一些运营延误。 澳大利亚捷星航空、新西兰航空公司、日本全日空航空、哥伦比亚航空公司也宣布，由于空中客车公司对全球超 过6000架A320系列客机实施紧急维修，部分由A320机型执飞的航班已被迫停飞。 当地时间28日。空中客车公司一名发言人表示，约6000架空客A320飞机需要紧急更换一种易受太阳辐射影响 的飞行控制软件。此前，10月底美国捷蓝航空的一架飞机发生一起事故，促使空客采取行动。空客表示，在对该 技术事故进行分析后，于28日通知所有使用该软件的客户"立即停止飞行"。 分析结果显示，"强烈的太阳辐射可能会损坏飞行控制所需的关键数据"。这一结论已由空客方面确认。 空客A320飞机（资料图） ...

Core Insights - The recent capital increase of 44 billion RMB for China Commercial Aircraft Corporation (COMAC) signals a critical phase for the C919 aircraft as it prepares for large-scale deliveries [1][2] - The registered capital of COMAC has surged from approximately 50.1 billion RMB to about 94.1 billion RMB, marking an increase of around 88% [1] - The State-owned Assets Supervision and Administration Commission (SASAC) contributed 24.997 billion RMB, raising its stake to 53.08%, achieving absolute control [1] Shareholder Contributions - Eight out of nine shareholders participated in the capital increase, with notable contributions from China Aluminum Group (28.02 billion RMB), China National Building Material Group (26.50 billion RMB), and China Electronics Technology Group (17.28 billion RMB), resulting in increased ownership percentages [1] - Other five companies saw a decrease in their shareholding ratios despite some increasing their investment, such as Shanghai Guosheng Group, which invested 8 billion RMB but saw its stake drop from 20.91% to 19.64% [2] - China National Aviation Industry Group, China Baowu Steel Group, and China Guoxin Holdings also reduced their stakes following their respective investments [2] Company Background and Recent Developments - COMAC, established in March 2008 and headquartered in Shanghai, is the core entity for implementing China's major aircraft projects, including the C919 and C909 aircraft [2] - The C919 has recently entered commercial operations, with the first delivery to China Eastern Airlines in December 2022 and successful commercial flights starting in May 2023 [2] - As of now, 26 C919 aircraft have been delivered, operating over 30 routes and achieving a cumulative passenger volume exceeding 2 million in just over two years of commercial operation [2]

Core Points - The company,炼石航空科技股份有限公司, will resume trading on November 28, 2025, after a capital reserve increase in share capital [2][4] - The total share capital has increased from 873,100,876 shares to 1,396,088,300 shares due to the transfer of 522,987,424 shares [3][12] - The average price for the capital reserve increase is set at 7.26 yuan per share, with the opening reference price adjusted to 8.05 yuan per share on the first trading day post-adjustment [4][21] Capital Reserve Increase Implementation Progress - The transfer of 522,987,424 shares has been completed, consisting of 379,290,774 restricted shares and 143,696,650 freely tradable shares [3] - The transferred shares are registered in a special account for the bankruptcy asset disposal of the company [3] - The shares will be allocated to restructuring investors and creditors as per the restructuring plan [3] Stock Resumption and Price Adjustment - The stock will be suspended on November 27, 2025, for the capital reserve increase, with the last closing price before suspension being 8.52 yuan per share [2][4] - The adjusted opening reference price for November 28, 2025, is calculated based on the adjusted ex-rights price formula [4][21] - The adjustment is necessary as the last closing price exceeds the average price of the capital reserve increase [4][21] Restructuring Plan Approval - The restructuring plan was approved by the Chengdu Intermediate People's Court on October 12, 2025, allowing the company to enter the execution phase of the plan [10][11] - The restructuring plan includes provisions for the allocation of shares to creditors and the introduction of restructuring investors [12][13] Share Allocation Details - Of the 522,987,424 shares, 200,000,000 shares are allocated to introduce restructuring investors, while 322,987,424 shares are designated for debt repayment [13][14] - The total cash consideration for the restructuring investment is 1,238 million yuan [13][20]

中共中央政治局委员、全国人大常委会副委员长李鸿忠23日至25日在陕西西安调研。他强调，要坚 持以习近平新时代中国特色社会主义思想为指导，深刻领悟"两个确立"的决定性意义，坚决做到"两个 维护"，深入学习贯彻党的二十届四中全会精神，坚持党的领导、人民当家作主、依法治国有机统一， 紧紧围绕党和国家中心任务发挥人大职能作用，为高质量发展提供法治保障。 李鸿忠赴法士特高智新公司、中航工业西飞公司、中国飞行试验研究院，调研高端装备制造业智能 制造、航空制造业数智化转型和重大科技成果转化运用等情况，到西北工业大学考察科技创新和人才培 养工作。他指出，要深入学习贯彻习近平法治思想，聚焦建设更加完善的中国特色社会主义法治体系、 建设更高水平的社会主义法治国家，加强重点领域、新兴领域、涉外领域立法，更加注重法治与改革、 发展、稳定相协同，着力提高立法质量，为建设现代化产业体系、加快高水平科技自立自强、因地制宜 发展新质生产力提供有力保障。 李鸿忠到秦岭生态环境保护监管平台运维中心、翠华山国家地质公园、秦岭和谐森林公园等，调研 秦岭生态环境保护、修复和自然保护地体系建设情况。他强调，要牢固树立和践行绿水青山就是金山银 山理念，坚 ...

新华社西安11月25日电 中共中央政治局委员、全国人大常委会副委员长李鸿忠23日至25日在陕西西安 调研。他强调，要坚持以习近平新时代中国特色社会主义思想为指导，深刻领悟"两个确立"的决定性意 义，坚决做到"两个维护"，深入学习贯彻党的二十届四中全会精神，坚持党的领导、人民当家作主、依 法治国有机统一，紧紧围绕党和国家中心任务发挥人大职能作用，为高质量发展提供法治保障。 《 人民日报 》（ 2025年11月26日 02 版） (责编：卫嘉、白宇) 李鸿忠赴法士特高智新公司、中航工业西飞公司、中国飞行试验研究院，调研高端装备制造业智能制 造、航空制造业数智化转型和重大科技成果转化运用等情况，到西北工业大学考察科技创新和人才培养 工作。他指出，要深入学习贯彻习近平法治思想，聚焦建设更加完善的中国特色社会主义法治体系、建 设更高水平的社会主义法治国家，加强重点领域、新兴领域、涉外领域立法，更加注重法治与改革、发 展、稳定相协同，着力提高立法质量，为建设现代化产业体系、加快高水平科技自立自强、因地制宜发 展新质生产力提供有力保障。 李鸿忠到秦岭生态环境保护监管平台运维中心、翠华山国家地质公园、秦岭和谐森林公园等，调研 ...

欧洲航空安全局那纸拖延令一出，整件事的底色就变了。 表面看是适航审定流程复杂、疫情拖慢脚步、系统集成尚待验证；实际呢？分明是一道软性围墙，把一架正在跑道尽头加速滑行的中国大飞机拦在欧洲市场 的入口外。 没人明说"不准进"，但三年起步的评估周期，配上空客订单排到2030年之后的现实，答案早已不言自明。 这不是技术障碍，是市场份额的防守。 波音接连出事，全球干线客机市场眼看只剩空客独撑，这时候C919真要飞进布鲁塞尔、巴黎、法兰克福，哪怕只占5%的座位运力，也足以让欧洲航空业的 神经绷紧。 他们不怕中国造飞机，怕的是这飞机飞得准、飞得稳、飞得比预期还便宜。 EASA执行董事弗洛里安·吉勒梅在接受《新工厂报》采访时，确实提到了设计验证未完成、部件测试仍需推进，也承认C919上80%的欧美供应商零部件早就 通过了各自认证。 问题卡在"整机集成评估"上——这不是技术死胡同，而是规则门槛的临时加高。 整机适航从来不只是零件拼装，可当全球主流机型基本都依赖相似供应链时，这套说辞就显得刻意。 吉勒梅本人也说过，C919"将对全球航空格局产生影响"。 这句话不是客套，是预警。 他清楚，商飞不是在玩概念，不是造个模型摆展厅，而是 ...

新华社西安11月25日电 中共中央政治局委员、全国人大常委会副委员长李鸿忠23日至25日在陕西西安 调研。他强调，要坚持以习近平新时代中国特色社会主义思想为指导，深刻领悟"两个确立"的决定性意 义，坚决做到"两个维护"，深入学习贯彻党的二十届四中全会精神，坚持党的领导、人民当家作主、依 法治国有机统一，紧紧围绕党和国家中心任务发挥人大职能作用，为高质量发展提供法治保障。 李鸿忠赴法士特高智新公司、中航工业西飞公司、中国飞行试验研究院，调研高端装备制造业智能制 造、航空制造业数智化转型和重大科技成果转化运用等情况，到西北工业大学考察科技创新和人才培养 工作。他指出，要深入学习贯彻习近平法治思想，聚焦建设更加完善的中国特色社会主义法治体系、建 设更高水平的社会主义法治国家，加强重点领域、新兴领域、涉外领域立法，更加注重法治与改革、发 展、稳定相协同，着力提高立法质量，为建设现代化产业体系、加快高水平科技自立自强、因地制宜发 展新质生产力提供有力保障。 李鸿忠到秦岭生态环境保护监管平台运维中心、翠华山国家地质公园、秦岭和谐森林公园等，调研秦岭 生态环境保护、修复和自然保护地体系建设情况。他强调，要牢固树立和践行绿水 ...