-
So far, the C919 is on track, but COMAC has apparently used up its budgeted margin already.
FORBES: China's Aviation ABCs: Airbus, Boeing, and COMAC
-
Comac of China and Irkut of Russia are also developing similar aircraft in the 100- to 200-seat class.
ECONOMIST: Making aircraft: Full throttle | The
-
The second reason for COMAC to be concerned is that the market for the plane could be smaller than anticipated.
FORBES: China's Aviation ABCs: Airbus, Boeing, and COMAC
-
And both of these factors especially affect COMAC because it is looking to its home country to carry the C919.
FORBES: China's Aviation ABCs: Airbus, Boeing, and COMAC
-
And COMAC is not the only manufacturer making medium-range jets in China.
FORBES: China's Aviation ABCs: Airbus, Boeing, and COMAC
-
Commercial Aircraft Corporation of China, better known as COMAC, announced it had received 50 orders for its C919 passenger jet at the recently concluded Zhuhai air show.
FORBES: China's Aviation ABCs: Airbus, Boeing, and COMAC
-
Yet COMAC should not break out the champagne quite yet.
FORBES: China's Aviation ABCs: Airbus, Boeing, and COMAC
-
The C919 is China's answer to the Airbus A320 and Boeing 737 -- a single-aisle, 168-seat, narrow-body commercial liner produced by Chinese state-run aircraft manufacturer Comac (Commercial Aircraft Corporation of China).
CNN: China's new super cargo jet takes to the skies
-
So even if COMAC catches up to Airbus and Boeing in a decade, as some optimistic observers think, the eventual market for new aircraft may be much smaller than currently projected.
FORBES: China's Aviation ABCs: Airbus, Boeing, and COMAC
-
And at Zhuhai, COMAC and Eastern Air Lines, which hopes to start flying late next year with service between Miami and Latin America, announced the signing of a memorandum of understanding.
FORBES: China's Aviation ABCs: Airbus, Boeing, and COMAC
-
So if the C919 is to be commercially viable, COMAC needs to get the plane up in the air on or close to its ambitious schedule while the market for medium-range aircraft remains hot.
FORBES: China's Aviation ABCs: Airbus, Boeing, and COMAC