Apr 27, 2024 04:47 AM
BUSINESS
Air China Orders 100 Homegrown C919s in Attack on Plane Duopoly
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The C919 seats a maximum 192 passengers, and the aircraft has already received more than 1,000 orders from Chinese carriers and lessors
(Bloomberg) — Air China Ltd. has announced plans to buy 100 Comac C919 airliners, a major boost to the home-grown aircraft maker which is seeking to disrupt the duopoly locked down by Airbus SE and Boeing Co.
The agreement is valued at $10.8 billion, based on the list price for the C919. Deliveries will start this year and run through 2031, Air China said in a filing. The Beijing-based airline, one of China’s three biggest carriers, had previously already ordered a handful of C919s.
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