Air China orders 100 homegrown jets

Air China orders 100 homegrown jets

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Support for beginner Comac a obstacle to Boeing-Airbus duopoly China’s initially locally made traveler airplane, the Comac C919, flies above Victoria Harbour in Hong Kong throughout its veryfirst flight exterior the mainland, on Dec 16,2023 (Photo: Reuters) Air China has revealed prepares to buy 100 Comac C919 airliners, a significant increase to the homegrown planemaker lookingfor to interferewith the business airplane duopoly locked down by Airbus and Boeing. The contract has a worth of $10.8 billion, based on the list cost for the C919. Deliveries will start this year and run through 2031, Air China stated on Friday. The Beijing-based airlinecompany, one of China’s 3 mostsignificant providers, had formerly currently purchased a handful of C919s. The relocation highlights how China is muscling into the profitable market for bigger industrial airliners, which for years hasactually been equally shared by Airbus and Boeing. The C919, which is comparable in size to the Airbus A320 and Boeing 737 household of jets, is not yet licensed to fly travelers outdoors of China. But market professionals anticipate the design to grab market share in the next years, especially as Airbus and Boeing are offered out for years on their most popular designs. Air China presently has a fleet of practically 500 planes, consistingof 212 A320-family and 127 737 series, according to information from the tracker Planespotters.n
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