It has been revealed this week that China Eastern Airlines will order another 100 COMAC C919 aircraft, in a further confidence boost to the program.
According to Channel News Asia, the order is valued at around $10bn at list prices.
Without further ado, let’s get into it…
China Eastern Airlines To Order 100 More COMAC C919s…
According to the report, China Eastern Airlines received a substantial discount for the aircraft, with analysts saying that this could be up to 50%.
Deliveries of the aircraft will take place between 2024 and 2031, and is quite the significant change in purchasing power compared to its initial order.
They initially placed an order for five jets, of which three have been delivered currently, with the other two expected later on this year.
It is understood that this order was made to celebrate the one-year anniversary of the COMAC C919 acquiring commercial approval to operate.
Is This A Blow for Boeing & Airbus?
This will no doubt come as a blow for Airbus & Boeing, who are actively seeking to secure more orders in that area of the world.
Such a perspective will be more of the case for Boeing, who are trying to get the 737 MAX recertified in China, but political tensions continue to grow between Washington & Beijing.
For Airbus, the opportunity to sell more A320 Family aircraft to China Eastern Airlines may also be over as well, as 100 units of the COMAC C919 going China Eastern’s way is a big deal in the world of aircraft sales, particularly in China.
Either way though, it will be interesting to see how much more of a foothold COMAC will acquire in the Chinese market.
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