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China's big three airlines take delivery of domestically made ARJ21 aircraft

Stock MarketsJun 27, 2020 11:55PM ET
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© Reuters. FILE PHOTO: A model of China's ARJ21 aircraft by COMAC is displayed at Aviation Expo China 2017 in Beijing

BEIJING/SHANGHAI (Reuters) - China's three biggest state-owned airlines on Sunday took delivery of their first ARJ21 aircraft, a short haul 90-seater aircraft made by state-run Commercial Aircraft Corporation of China (COMAC).

COMAC said in a statement on Sunday that Air China (OTC:AIRYY) Ltd (SS:601111), China Eastern Airlines (NYSE:CEA) Corp Ltd (SS:600115) and China Southern Airlines Co Ltd (SS:600029) had received the aircraft, which has a 90-seat capacity, and would each take delivery of three ARJ21 aircraft this year.

Last August, the three carriers announced on the same day deals to each purchase 35 ARJ21-700 regional jets from COMAC, with deliveries scheduled from 2020 through 2024.

The ARJ21 entered commercial operations four years ago and is China's first domestically manufactured airliner.

COMAC has two other passenger jet programmes in development - the C919 narrowbody aircraft programme which is currently undergoing flight testing, and the CR929 widebody programme in collaboration with Russia.

China Eastern Airlines earlier this year launched a subsidiary - OTT Airlines - to operate ARJ21 and C919 airliners. It is slated to be the first customer for the C919, once the 160-seater plane receives airworthiness certification from the Chinese aviation regulator.

The C919 is a much more high-profile programme, that will place COMAC in direct competition with Airbus (PA:AIR) and Boeing (N:BA) in the single-aisle market. The United States earlier this year considered whether or not to block the sales of LEAP-1C engines to the programme, but it later relented.

The impact of the coronavirus pandemic on international travel has decimated the order books of both Airbus and Boeing.

China's big three airlines take delivery of domestically made ARJ21 aircraft
 

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Comments (12)
Harry Wilson
Harry Wilson Jun 30, 2020 1:03PM ET
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I wouldn't board that for all the gold ever mined on earth
serroune shadroun
serroune shadroun Jun 30, 2020 8:05AM ET
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amazing 👌 it's just a start of Brazil can do it with Embraer etc.. China can do it too ! maybe even better
Said Anwar
Said Anwar Jun 29, 2020 4:53PM ET
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Atleast Maximum
Atleast Jun 29, 2020 8:23AM ET
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c919 and c19 ? c19 flies worldwide
George Samsung
George Samsung Jun 29, 2020 3:01AM ET
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Looks like DC9 or MD80 if stretch, regardless looks very nice. Big congrats to Comac and best wishes for C919 and CR929, the best is yet to come.
Brady Murray
Brady Murray Jun 29, 2020 3:01AM ET
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Using lots of stolen data and design technology form the US no doubt!
Emiilions Lios
Emiilions Lios Jun 28, 2020 4:45PM ET
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china airplane is safe? is electic?
Geoffrey Olson
Geoffrey Olson Jun 28, 2020 4:45PM ET
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Electric?
David Wang
David Wang Jun 28, 2020 3:10PM ET
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China’s data has always been whatever the government wants the world to think it is. But the pandemic elevated China’s data to new and unprecedented levels of deep-fake status all around.
Syed Fraz
Syed Fraz Jun 28, 2020 1:12AM ET
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good luck Chinese brothers
mazam crafts
mazam crafts Jun 28, 2020 1:12AM ET
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Dragon times ahead
David David
David9 Jun 28, 2020 1:08AM ET
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You guys watch...once this works out, you can say bye bye to Boeing and Airbus...so go ahead and make fun. The hare can laugh at the turtle, but the turtle will make it pass the finish line going forward.
Show previous replies (6)
Limin Tandiono
Limin Tandiono Jun 28, 2020 1:08AM ET
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Muhamed, China's mobile phone are used widely worldwide. I haven't seen even a single mobile came out of middle east. What u guys good in doing is nothing better than just pumping and selling oil.... LOL
Limin Tandiono
Limin Tandiono Jun 28, 2020 1:08AM ET
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Pumping and selling oil. Probably that is what nation in children state (underdeveleped state) good in doing.
mazam crafts
mazam crafts Jun 28, 2020 1:08AM ET
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Muhamed Jaffir 100% indian r in shook & suffering these days
mazam crafts
mazam crafts Jun 28, 2020 1:08AM ET
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yuan qianxiang plz try to understand indians pain. Haha
mazam crafts
mazam crafts Jun 28, 2020 1:08AM ET
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Pak congrats china
Kaveh Sun
Kaveh Sun Jun 28, 2020 12:47AM ET
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It is a copy of md-90 upgrade w bombardier latest tech. Md90 was just ok.
Amit Sahgal
Amit Sahgal Jun 28, 2020 12:25AM ET
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Chinese Quality=compromise (politicaly, economicaly and morally)
Vv Pp
Vv Pp Jun 28, 2020 12:25AM ET
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I like the moral part you said, which country are you from? haha
Muhamed Jaffir
Muhamed Jaffir Jun 28, 2020 12:14AM ET
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Imagine being a passenger on a Chinese aircraft. then imagine that in order to save 40 yuan a subcontractor used a typical piece of garbage on a critical component. Then in turbulence the quality "steel" they sell is actually ***iron and the aluminium can crumples midair in a complex series of cascade failures, everyone dies. Then realize that no one will care.
Kaveh Sun
Kaveh Sun Jun 28, 2020 12:14AM ET
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This produce by one of their gov companies. their pride is on it. They have to use the best components. If the plane fails, it is just their lack of knowledge.
Vv Pp
Vv Pp Jun 28, 2020 12:14AM ET
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Please Kaveh, Muhamed has a PhD on Aerospace Engineering, he knows very well about these things.. ... what no?
 
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