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Chinese planemaker COMAC’s long journey to go global

Chinese planemaker COMAC’s long journey to go global

by Mose Hickle

Chinese planemaker COMAC’s long journey to go global

Aviation is if truth be told one of China’s quickest growing industries, and the nation is forecast to change into the world’s supreme aviation services market by 2042.

Two mighty gamers currently dominate the commercial jet manufacturing web yell – United States’ Boeing and France’s Airbus.

China’s homegrown planemaker Industrial Airplane Company of China (COMAC) is trying to be a viable competitor with the debut of its C919 jet.

Chinese President Xi Jinping known as the airplane a “triumph of Chinese innovation” when its first jetliner took to the skies.

Consistent with the Heart for Strategic and International Review, a US think-tank, Beijing spent up to US$72 billion in sing-connected toughen to create the C919.

China is aiming for self-reliance and to interrupt the Western duopoly of Boeing and Airbus.

The Civil Aviation Administration of China (CAAC) plans to create a further 200 airports by 2035 to defend up with air tear quiz.

Boeing reckons China would want about 8,560 new passenger jets up within the air over the subsequent 19 years, in a market price a whooping US$2.9 trillion.

But China’s path to the C919 taking flight has been a prolonged and costly one.

Source: Reuters

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