Post by Global News on
Boeing losing China and Middle East plane market to China C919. Approx 10 billion globally in commercial plane orders… China Eastern Airlines said on Thursday it will buy another 100 C919 airplanes in a deal worth $10 billion at list prices, in what would be the largest ever order for the jet made by the Commercial Aircraft Corporation of China (COMAC). The state-owned carrier said it had received a “substantial discount” for the deal and that the planes will be delivered in batches from 2024 to 2031. The list price for the C919 is $99 million but aircraft can be sold at discounts of up to 50%, especially for new models. The deal comes five months after the Chinese passenger plane, developed by state-owned COMAC to rival Airbus’ A320neo and Boeing’s (BA) 737 MAX single-aisle jet families, took its first flight in May with China Eastern. “COMAC has made a good start in the delivery of C919 so far. Next, the plane manufacturer will cooperate with China Eastern more closely, to show other potential users the reliability and performance of C919.” Article and Image Source: https://edition.cnn.com/2023/09/28/business/china-eastern-airlines-c919-plane-order-intl-hnk/index.html Legal Disclaimer: INFYNIT is providing the content here for educational purposes only. All opinions are of the original author and not an opinion of INFYNIT or any of its affiliates.