Todd Siena, Founder & CEO of Block Aero, joined a panel of aviation experts at the Center for Strategic & International Studies (CSIS) to discuss the future of the Chinese aircraft sector.
The panel was moderated by Scott Kennedy, Deputy Director of the Freeman Chair in China Studies, and featured Douglas Harned of Sanford C. Bernstein & Company, and Susan Ying of Ampaire.
Todd provided a glass half full perspective on the prospects for the Chinese aerospace sector, providing balance to the more conservative tone struck by other members of the panel. He also elaborated on how new technologies could unseat existing asset-intensive business models championed by companies such as Airbus and Boeing:
“Technologies like blockchain will be used to improve convenience, providing the ability to automate some of the certification aspects in an increasingly decentralized and automated aerospace industry.”
Speakers from left to right: Scott Kennedy, Douglas Harned, Susan Ying and Todd Siena
The discussion was organized as part of CSIS’s Innovation Policy Series. This initiative seeks to better understand Chinese innovation policies, the performance of Chinese innovation efforts, and the global implications for China’s trading partners.
Todd’s contributions to the discussion were later quoted by the South China Morning Post in an article covering the panel discussion and the impact of deteriorating US-China relations on the aerospace industry.
Established in Washington, D.C. over 50 years ago, the Center for Strategic & International Studies is a bipartisan, nonprofit policy research organization dedicated to providing strategic insights and policy solutions for decision makers in the US.