State-owned Chinese firm says first delivery of its 737 competitor is planned for 2021 [CNBC]
China Eastern Airlines Corporation Ltd. (CEA)
US:NYSE Investor Relations:
irasia.com/listco/hk/chinaeast/annual/index.htm
Company Research
Source: CNBC
China's Comac says first delivery of C919 jet planned for 2021 The Commercial Aircraft Corp of China (Comac) on Tuesday said it was aiming to make the first delivery of its C919 single-aisle jet in 2021, despite delays in flight testing. Lu Zheng, Comac's deputy general manager of sales and marketing, told reporters on the sidelines of the Singapore Airshow that the company expected Chinese certification to take three to four years. Comac also has been speaking to U.S. authorities. "It should not have any impact" on the delivery time to the jet's launch customer, China Eastern Airlines, he said. "We're striving for 2021." The C919, which hopes to compete with Boeing's 737 and the Airbus A320, is a symbol of China's civil aerospace ambitions and President Xi Jinping's push to upgrade manufacturing capabilities. There was an almost five month-gap between the C919's first and second flight, far longer than that of other new aircraft, which had raised concerns that Comac's plans to delive
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