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Stock impact report

The Chinese planemaker taking on Boeing and Airbus [Yahoo! Finance]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
One booth is drawing particular attention: Comac, China's state-owned planemaker, which has made significant strides since its C919 passenger jet flew to Singapore in its first trip outside of Chinese territory two years ago. The plane is designed to compete with the Airbus A320neo and Boeing 737 MAX and is increasingly targeting markets beyond China. For Comac, the airshow is a chance to position itself as a potential rival to Airbus and Boeing in Asia-Pacific, the world's fastest-growing aviation market, at a time when airlines are grappling with delivery delays and stretched supply chains. "I think in time, Comac will be a global competitor... but it's going to take them time," Willie Walsh, director general of the International Air Transport Association (IATA) told the BBC. "I think 10 years, 15 years from now, we'll be talking about Boeing, Airbus and Comac... But without question, they will be a considerable player in the future." There is certainly a need for another Show less Read more
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