• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

China’s COMAC aims to lift C919 jet production capacity to 50 this year, report says

by January 20, 2025
written by January 20, 2025

BEIJING/SEOUL (Reuters) – Chinese planemaker COMAC plans to raise production capacity for its homegrown C919 single-aisle planes to 50 this year, a COMAC executive told a media outlet supported by the Shanghai government.

COMAC Deputy General Manager Shen Bo also said the Shanghai-based state-owned firm aims to manufacture 30 C919 aircraft this year, in an interview with The Paper published on Saturday.

COMAC is seeking to compete internationally with leading Western planemakers Airbus and Boeing (NYSE:BA), which produce dozens of their single-aisle A320neo family and 737 MAX jets per month.

Scaling up production and obtaining certification from foreign aviation regulators are key to the Chinese planemaker’s growth strategy.

The C919 entered commercial service in 2023 and around 16 of the planes are currently in operation with Chinese airlines, flying within the mainland and since this month to Hong Kong.

Aviation consultancy Cirium said it expects another 27 C919 jets to be delivered this year.

China’s three leading state-owned airlines, Air China (OTC:AIRYY), China Eastern Airlines (OTC:CEAYY), and China Southern Airlines, are expected to operate a fleet of at least 100 C919s each by 2031, according to their announced orders.

In 2023, a COMAC official said the company had a target of achieving an annual production capacity of 150 C919 aircraft within the following five years.

In addition to the C919, COMAC is also developing a larger C929 wide-body jet.

Shen said the C929 was in the preliminary design and supplier selection phase, with plans to move to the detailed design stage soon.

Air China will be the first customer for the C929, COMAC said in November.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Vivendi’s new ‘galaxy’ of companies needs more time to explain strategy, analysts and investors say
next post
South Korea’s Yoon shuns questioning as security tightened after court rampage

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Sign up and get the scoop before anyone else—fresh updates, and secret deals, all wrapped up just for you. We're talking juicy tips, fun surprises, and invites to events you actually want to go to. Don’t just watch from the sidelines—jump in and be part of the magic!








    By signing up, you're cool with getting emails from us. Don’t worry — your info stays safe, sound, and strictly confidential. No spam, no funny business. Just the good stuff.

    Recent Posts

    • Elon Musk’s SpaceX acquires xAI

      February 25, 2026
    • The architect of Amazon’s supply chain on running a startup with your spouse

      February 25, 2026
    • Trump administration alleges Nike discriminated against white workers

      February 25, 2026
    • Landmark trial accusing social media companies of addicting children to their platforms begins

      February 25, 2026

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (688)
    • Stock (6,426)

    Latest News

    • Elon Musk’s SpaceX acquires xAI
    • The architect of Amazon’s supply chain on running a startup with your spouse

    Popular News

    • World Bank raises South Asia growth forecast to 6.4% on India demand
    • Morgan Stanley upgrades Brinker International on Chili turnaround, improving sales

    About The Significant deals

    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy