就在大家以为C919终于要扬帆出海的时候，变故猝不及防。适航证，本该是今年批下来的，欧盟却突然改口，说还得"再评估"，时间表模糊拉长，延迟3年 至6年。没有证，就飞不出去。明摆着的事，非技术问题，根子在政治上。 这边，中国刚刚宣布退货一批波音飞机，总价值近百亿人民币，理由是交付延期。但懂行的都知道，这是在向市场传递清晰信号：自主的，才是稳的。波音 问题层出不穷，质量门、减配门、安全隐患不断，但欧盟眼瞅着不吭声，一纸批文，却能卡住中国大飞机的出海口。 欧洲航空安全局的这份拖延声明，说是"需要更多数据和飞行时间"，但C919在国内早就批量运行，超过百架的订单正在稳步推进。对比当年ARJ21同样的历 程，美国FAA和欧盟都曾设置重重障碍，审查一拖再拖，几年过去才勉强松口。现在又来了。 更耐人寻味的是这个时间点。中国退波音，欧盟却迟迟不批C919，一退一堵，不像是巧合。美欧，这回又默契了一次。穿一条裤子不是比喻，是现实。 现场有点尴尬。中国商飞的团队原本已在准备欧洲适航演示飞行，相关通用标准也对接得差不多，部分技术人员甚至已经前往欧洲机场勘察场地。如今一纸 通知下来，工作全部暂停。航展上的意向协议，也因为适航证卡壳被 ...

冲击波还在延续 受"对等关税"影响，目前中国对来自美国的波音飞机、航材等零部件征收的关税从原本的5%大幅提升 至近40%。国内航空公司引进波音飞机的成本瞬间大幅增长。 据新华社报道，4月29日，商务部针对波音公司飞回3架拟交付中国航空公司的飞机一事作出回应，明确 指出美方挥舞关税大棒的行为严重冲击全球产业链供应链稳定，扰乱国际航空运输市场，中国相关航空 公司以及美国波音公司均深受其害。 商务部新闻发言人表示，中方愿继续支持两国企业开展正常的商业合作，希望美方能倾听企业的呼声， 为企业正常贸易投资活动创造稳定可预期的环境。 同日，外交部发言人郭嘉昆主持例行记者会时也再次强调，如果美方希望通过对话来解决问题的话，那 么就要停止威胁和施压，在平等、尊重、互惠的基础上同中方开展对话。 美国发起的这场关税战，也对中国航空行业产生了深远影响。 21世纪经济报道查询三大航2024年财报发现，仅三大航未来三年拟引进接收的波音飞机数量分别是南航 92架、东航53架、国航45架，合计190架。同时也会退出部分老旧波音机型。但眼下"对等关税"严重打 乱了航空公司既有的运力规划，许多航线拓展计划被迫延迟，也影响了航空公司的战略布局。 ...

Core Viewpoint - Despite facing challenges such as insufficient capacity and potential supply chain disruptions due to trade tensions, China Commercial Aircraft Corporation (COMAC) is accelerating the internationalization of its products, with recent successes in the overseas market [2][3]. Group 1: C909 Aircraft Developments - The C909, a regional jet developed by COMAC, has made significant strides in international operations, with Chengdu Airlines wet leasing two C909 aircraft to VietJet Air in April, marking the entry of Chinese commercial aircraft into Vietnam [3][4]. - The C909, originally named ARJ21, has a range of 2,225 to 3,700 kilometers and is designed to accommodate 78 to 90 passengers, targeting short-haul regional routes [3]. - As of March 2025, nearly 300 orders for the C909 have been placed, with 162 aircraft delivered, operating 645 routes and serving 158 cities, transporting over 20 million passengers [3]. Group 2: International Expansion and Partnerships - VietJet Air, Vietnam's first private airline, aims to enhance its fleet capacity and regional route network through the wet lease of C909 aircraft, contributing to the growth of the Vietnamese aviation market [4]. - The C909 has been adopted by three foreign airlines in Southeast Asia, including TransNusa in Indonesia and Lao Airlines, which recently received its first C909 aircraft [5]. - The C909 has facilitated the opening of 15 routes in Southeast Asia, transporting over 250,000 passengers [5]. Group 3: C919 Aircraft and Future Prospects - The C919, another key product from COMAC, faces greater challenges in entering the international market compared to the C909, but there are signs of increasing interest from foreign airlines [6][7]. - COMAC is actively promoting the C919 through international exhibitions and demonstrations, with plans for further exposure in Southeast Asia [8]. - The C919 has received domestic certification and is expected to undergo further evaluations for international certifications, with significant orders already placed [9]. Group 4: Strategic Initiatives and Support - COMAC is establishing an Asia-Pacific office to enhance market services and technical exchanges, aiming to build relationships with international airlines and suppliers [11]. - The company is also collaborating with financial institutions to support the internationalization of its aircraft, with a focus on increasing production capacity to meet demand [10][12]. - Plans are in place to increase the annual production capacity of the C919 from 30 to 50 aircraft by 2025, with a new assembly facility under construction in Shanghai [11].

Core Viewpoint - The article discusses the phenomenon where CEOs are often the last to know the truth about their organizations, highlighting systemic issues in information flow and organizational culture that contribute to this problem [1][5][6]. Group 1: CEO's Information Blindness - CEOs can be misled by their subordinates, leading to a situation where they are unaware of critical issues within the company [1][5]. - Historical examples illustrate that this is not a new problem, as seen in cases from Chinese history and corporate scandals like Volkswagen's emissions scandal [5][6]. - The article emphasizes that the issue is not merely about individual deception but is rooted in systemic organizational challenges [5][6]. Group 2: Agency Theory and Information Asymmetry - Agency Theory explains the relationship between principals (shareholders) and agents (CEOs), where agents may not act in the best interest of principals due to information asymmetry [6][9]. - Employees at various levels may filter information based on their interests, leading to a lack of transparency and miscommunication [6][9]. - The misalignment of incentives across different levels of the organization can result in employees prioritizing short-term goals over long-term organizational health [9][10]. Group 3: Distortion of Information Flow - Information flow within organizations is often distorted due to hierarchical structures, where information must pass through multiple layers, leading to potential filtering and misrepresentation [11][12]. - The process of translating information into formats that are easier for higher management to understand can further dilute the accuracy of the information received by CEOs [14][15]. - The complexity of organizational structures can create communication gaps, preventing critical information from reaching the top [15][16]. Group 4: Psychological Safety and Organizational Culture - A culture that emphasizes obedience and performance can discourage employees from voicing concerns, leading to a phenomenon known as "organizational silence" [17][20]. - The concept of psychological safety is crucial, as employees need to feel safe to express their views without fear of repercussions [17][20]. - The lack of psychological safety can result in employees choosing silence over reporting issues, which can have detrimental effects on the organization [20][21]. Group 5: Solutions to Improve Information Flow - To address these issues, organizations must rethink their incentive structures to align employee interests with long-term organizational goals [22][23]. - Establishing multiple channels for information flow can help ensure that CEOs receive unfiltered and accurate information from all levels of the organization [22][23]. - Cultivating a culture of psychological safety is essential for encouraging open communication and ensuring that employees feel comfortable sharing the truth [23][26]. Group 6: The Role of AI in Enhancing Transparency - AI technology can assist in identifying overlooked information and improving organizational awareness, potentially helping CEOs to see beyond filtered data [25][26]. - The effectiveness of AI in revealing truths depends on the organization's willingness to embrace transparency and address underlying cultural issues [25][26]. - Ultimately, the goal is to create an environment where truth can emerge, allowing for timely identification and resolution of problems [26][27].

2025.04. 24 本文字数：1579，阅读时长大约3分钟 作者 | 第一财经 陈姗姗 在浙江舟山的波音飞机完工与交付中心，原本有三架737MAX客机即将交付中国的航空公司，但最 近的一周内，三架客机陆续从舟山飞回美国。 多家航司管理层告诉记者，公司目前不仅暂停接收波音飞机，而且也暂缓购买进口自美国的相关航材 零部件。而一家飞机租赁公司的高层也对记者透露，按照合同，从租赁公司引进的波音飞机，缴纳的 租金也要增加相应的关税，目前对于存量租赁订单，有航司提前支付了几个月的租金或提前付税，而 增量的租赁订单也选择暂不接收。 "加征125%的税率对于航空公司引进美国的飞机来说将带来巨额的成本增加，国内的航空公司可通过 寻找替代来源，或者延迟运力的引进等方式来应对。"民航业内人士林智杰对记者分析，目前国内航 空市场的运力还是相对过剩的状态，暂缓增加一些飞机运力，不会对具体运营产生重大影响。 而上述"替代来源"，主要是指引进美国以外的飞机。目前，国内航司最需要的窄体客机主要来自美国 的波音公司和欧洲的空客公司，去年三大航都接收了国产C919飞机，在窄体机市场也有了国产飞机 的新选择。 对于波音来说，中国是其单一最大海 ...

Core Insights - Eastern Airlines has expanded its C919 fleet to 10 aircraft, having executed over 6,500 flights with these planes [1] - Among the 10 C919 aircraft, 4 are owned by Eastern Airlines while 6 are held through financing leases [1] - In the past two years, a total of 16 C919 aircraft have been delivered in China, with Southern Airlines operating 3 leased C919s and Air China operating 3 purchased C919s [1] - Over 600 out of approximately 1,500 C919 orders received by COMAC are from financial leasing or financing leasing companies [1]

证券代码：600391 证券简称：航发科技 公告编号： 2025-010 中国航发航空科技股份有限公司 A 股每股派发现金红利 0 元 每股派送红股 0 股，每股转增 0 股 一、利润分配方案内容 经天健会计师事务所（特殊普通合伙）审计，截至 2024 年 12 月 元,累计无可供分配的利润。故公司 2024 年度不进行现金分红，不进 行公积金转增股本。 本次利润分配、公积金转增股本方案尚需提交股东大会审议。 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 担个别及连带责任。 重要内容提示： ? 每股分配比例，每股转增比例 后续公司将持续深化改革、推进战略落地，在科技创新、开拓市 场等方面加大力度，以期不断改善经营质效，增强投资者回报水平。 三、公司履行的决策程序 过了《2024年度利润分配及公积金转增股本计划》的议案，同意公司 不现金分红，不进行公积金转增股本。 四、相关风险提示 本方案尚需提交股东大会审议，预计不会对公司每股收益、现金 流状况、生产经营等产生重大影响。 特此公告。 中国航发航空科技股份有限公司董事会 二、上市公司母公司 ...

以下文章来源于36氪未来产业 ，作者刘婧琼 36氪未来产业 . 聚焦产业创新与投资前沿，挖掘产业与城市发展新叙事。36氪旗下官方账号。 公司旗下增程式倾转旋翼eVTOL货运无人机LX-1，将于年内完成设计、生产和试飞。 文 ｜ 刘婧琼 编辑 ｜ 阿至 封面来源｜ AI生成 36氪获悉，蓝霄航空科技（济南）有限公司（以下简称"蓝霄航空"）近日宣布连续完成数千万元天使轮和天使+轮融资，天使轮 由联想之星和海益投资联合领投，天使+轮由戈壁创投独家投资，由澜松资本担任长期独家财务顾问，所筹资金将用于公司飞行 器产品研发。 "蓝霄航空" 成立于2024年6月，目前专注于大型增程式倾转旋翼eVTOL飞行器的研发和制造。蓝霄定位是"全国首家增程式倾转旋 翼eVTOL飞行器制造商"，致力于重构航空货运市场， 打造高时效的低空直航货运网络， 推动航空制造业高端化、 智能化、 绿 色化发展。 "蓝霄航空" 创始人兼CEO王刚表示，公司采用"先货后人"的发展战略，即针对存量货运市场，先推出可解决里程焦虑的增程式货 运eVTOL，后根据市场进程择时推出客运版eVTOL，以"倾转旋翼"技术路线，实现多场景的商业化布局。 蓝霄LX-1渲 ...

淘天称今年双 11 投入力度近年最大。 包括 300 亿元消费券及红包和 30 亿元商家支持补贴，流量投入超百亿。 阿里（9988.HK）集团副总裁、天猫事业部总裁、天猫总裁家洛在媒体沟通会上说，今年国庆假 期，很多大型国际品牌的线下销售并不好，有的同比下滑十几个百分点，但同样的品牌却在线上和 天猫增长很好；消费环境也带来一些明显的消费特征变化，比如大家日常的消费没那么自如随意， 更愿意在优惠大的时候集中囤货，加之政府补贴首次被引入双 11，让今年双 11 背负更多商家和平 台期待。 今年双 11 的另一大变化是简化了红包、消费券的计算规则，将商品实际到手价直接显示在消费者 浏览的商品页，消费者不用再算数学题，方便网购不熟练的用户，也方便直接比价。家洛称比价和 "贵必赔" 是希望把定价权还给商家，让各个平台的价格稳定、齐平，不形成行业的额外 "内卷"。 全球最大药企礼来投资 15 亿元增产苏州工厂。 全球最大市值药企礼来公司宣布，将投资约 15 亿元人民币用于其苏州工厂的产能升级，扩大 2 型 糖尿病和肥胖创新药物的生产规模，以满足中国患者需求，并支持未来管线产品的生产。自 2022 年起，礼来在 2 型糖尿 ...