-CHINA
The China’s first big jetliner commercial aircraft corporation of china, ltd. (COMAC) had signed purchase agreements with four leasing companies for a total of 130 C919 aircraft.
China Nuclear E&C Group (CNECC) placed an order for 40 jets, while Huabao Leasing and Aviation Industry Corporation of China (AVIC) each signed up for 30 of the aircraft, Agricultural Bank of China (ABC) Financial Leasing Co Ltd became the first customer to make a second order for the C919 jet, making 20 firm orders and an intention to buy 10 more.
With this order of 130, the total number of orders reaches 730 for the C919 from 27 customers.
The C919 is a narrow-body twinjet airliner developed by Chinese aerospace manufacture COMAC. The program was launched in 2008 and production of the prototype began in December 2011.
The COMAC C919 is a 168-seater aircraft that is roughly same as the size of Airbus A320 and Boeing 737. The aircraft is mainly made out of aluminum. It is powered by CFM International LEAP turbofan engines and can carry 156 to 168 passengers.
COMAC has predicted that Chinese airlines alone will need 8,575 new planes worth $1.21 trillion over the next 20 years as there is a steady growth in air travel industry. COMAC is a Chinese state-owned aerospace manufacturer established in May 2008 in shanghai.
