Sir - An article entitled "McDonnell Douglas's Venture Falters" (Wall Street Journal, 22 May, 1996) states that "-the company envisioned taking an equity stake in the venture, becoming China's full risk-sharing partner".
Your prophetic comment "Oriental headache" (Flight International, 13-19 September, 1995) pointed out the longstanding, obvious and logical facts and conclusions. Will Airbus and Boeing fall into this trap?
Great names in European marine engineering have found that, on getting an order, the engine must then be imported from a licensee in the Far East. Will our airlines soon be registered in Liberia, Panama, or the Bahamas, with Asian-built aircraft and cut-rate crews, and be operated by Cypriot management companies?
You hit the nail on the head.
RAYMOND BELL
Vallejo, California, USA
Source: Flight International
