Wednesday, November 17, 2010
COMAC C-919 The end of Boeing, Airbus duopoly
CFM International, a joint venture between aerospace giant Safran and US conglomerate General Electric, signed an agreement with Commercial Aircraft this week to supply engines for the jumbo jet project. CFM will also form an assembly line with AVIC Commercial Aircraft engine Co, the domestic engine supplier for the C919, to jointly set up an engine assembly line. China will invest 200 billion yuan (US$29 billion) into the C919 to cut its reliance on Boeing and Airbus. The aircraft is set to make its first flight in 2014 and to be delivered to customers by 2016.