China’s COMAC wins 130 new orders for C919 aircraft


Commercial Aircraft Corporation of China (COMAC) has signed new deals with four China-based aircraft leasing firms to provide 130 of its C919 passenger aircraft.

The deals were signed with Agricultural Bank of China (ABC) subsidiary ABC Financial Leasing, as well as a leasing subsidiary of China Nuclear E&C Group, Huabao Leasing and AVIC International Leasing.

ABC Financial Leasing has placed an order to buy 30 C919 jets, becoming the first customer to make a second order for the aircraft type. In 2012, the company ordered 45 C919 jets.

“Our marketing team is focusing on three major target markets, which are our home market, Africa and South-East Asian countries involved in the Belt and Road Initiative.”

The company’s new order for 30 aircraft includes 20 firm and ten optional orders, reported Reuters.

ABC Financial Leasing has already made down payments of nearly CNY500,000 (£56,199) for each of the previous and new firm orders.

China Nuclear E&C Group placed an order for 40 C919 jets, while Huabao Leasing and AVIC International Leasing each have ordered 30 jets of the same type.

The newly signed deals have brought the aircraft’s total order to 730 planes from 27 customers.

Representing the first Chinese jet developed in line with international civil aviation regulations, the C919 concluded its maiden flight in May.

COMAC marketing division deputy chief Xu Pei was quoted by Chinadaily.com.cn as saying: “Our marketing team is focusing on three major target markets, which are our home market, Africa and South-East Asian countries involved in the Belt and Road Initiative.”

The company is trying to receive certification for its C919 jets from the European and the US authorities in order to able to sell the aircraft in those markets.