Comac C919. Wan Quan/VCG through Getty Images
Saudi Arabia and Chinese plane producer Comac have held talks, Reuters reported.
Comac desires to compete with Airbus and Boeing with its C919 thin-body plane.
Boeing’s latest troubles may open up extra worldwide alternatives for Comac.
This is a machine translation of an article from our US companions at Business Insider. Automatically translated and checked by an authentic editor.
How Reuters According to studies, Saudi officers are in talks with the Chinese plane producer Comac because it appears to broaden.
The Comac C919 is a light-body plane designed to compete with Airbus’ A320neo and Boeing’s 737 Max. It is China’s first passenger aircraft. But up to now orders have solely come from China and Southeast Asia.
It now seems that China is concentrating on Saudi Arabia to extend its market share and compete with the 2 largest plane producers within the West.
According to Reuters, Comac Chairman Dongfeng visited Saudi Arabia for the primary time this week. In February, the Saudi delegation visited the Comac amenities in Shanghai.
“Comac goals to enhance world connectivity and diversification by contributing to the event of air transport in Saudi Arabia,” he mentioned at an aviation convention in Riyadh on Tuesday, Reuters reported.
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Are the talks with Comac a strike by Saudi Arabia towards the Boeing-Airbus duopoly?
Earlier on Monday, Saudi nationwide airline Saudia introduced the biggest plane order within the kingdom’s historical past. The 105 Airbus jets will likely be shared between the nationwide airline and its subsidiary Flyadeal. Some of the plane are A320neo mannequin and a few are A321neo mannequin jets.
The airline is owned by the Saudi authorities. The chairman of the Saudi he’s additionally the Minister of Transport. As a part of the Vision 2030 plan to diversify the economic system, airways are taking the lead in creating tourism in Saudi Arabia.
The Saudi order appeared silly to Boeing. The American plane producer had beforehand obtained a big order from Riyadh Air – one other state-owned airline scheduled to launch in 2025.
Just earlier than the Dubai Air Show in November final 12 months report Bloomberg mentioned Boeing ought to win one other order from Riyadh Air for its thin-body jet. However, this order didn’t occur. CEO Tony Douglas additionally blamed unfavorable media protection for supply delays.
Boeing has been in bother since Alaska Airlines went bankrupt in January. Therefore, airways could also be keen to look elsewhere. In addition, Airbus’ business plane order backlog reached 8,626 plane on the finish of March. This leaves little room for extra clients.
Earlier this month, Brazilian plane maker Embraer denied a Wall Street Journal report that it was engaged on a brand new narrowbody jet, benefiting from Boeing’s troubles.
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