Chinese Aerospace giant Comac secures international orders, sets sights on Southeast Asia

By BizClik Admin

State-owned enterprise, Commercial Aircraft Corporation of China (known as Comac), has obtained over 700 orders for planes.

The orders, which are for its narrow C919 plane, have come from German company PuRen Airlines and City Airways of Thailand, as well as Chinese airlines and leasing companies.

Comac manufactures jets and was the first China-based company to do so. It now aims to rival giants such as Boeing and Airbus as the aerospace market continues to grow across the globe.

See also:

China Aircraft Leasing buys a further 15 Airbus A320s, total cost reaching $7.5bn

Business Chief: Asia edition – February issue out now!

City Focus: Singapore

As well as its current order list, the company has put efforts into gaining a larger slice of the Southeast Asian market.

CNBC has reported that deputy manager of sales and marketing Lu Zheng announced the plans at the Singapore Air Show this week. He stated that while no deals are expected to be finalised during the week-long air show, the company will work “step by step” to target the regions of Africa, Middle Asia, West Asia, and alter on Europe and Japan.

The company also hopes to manufacture a wider body aircraft.



Featured Articles

Nirvik Singh, COO Grey Group on adding colour to campaigns

Nirvik Singh, Global COO and President International of Grey Group, cultivating culture and utilising AI to enhance rather than replace human creativity

How Longi became the world’s leading solar tech manufacturer

On a mission to accelerate the adoption of sustainable energy solutions, US$30 billion Chinese tech firm Longi is not just selling solar – but using it

How Samsung’s US$5billion sustainability plan is working out

Armed with an ambitious billion-dollar strategy, Samsung is on track to achieve net zero carbon emissions company-wide by 2050 – but challenges persist

UOB: making strides in sustainability across Southeast Asia


Huawei smartwatch goes for gold with Ultimate Edition


How IKEA India plans to double business, triple headcount

Corporate Finance