Press releases from Air China or Comac, financial news reports

Air China Buys 100 Domestic Comac C919 Jets for $10.8 Billion

Apr 28, 2024, 06:30 AM

Air China has committed to purchasing 100 Comac C919 aircraft, marking a significant shift in its procurement strategy by choosing a domestic manufacturer over global giants Boeing and Airbus. The deal, valued at $10.8 billion, is set to bolster the local aerospace industry, with deliveries scheduled between 2024 and 2031. This major order for China's first homegrown large passenger aircraft is a strategic move to support Comac, a local OEM, in its challenge against the established duopoly of Airbus SE and Boeing Co.