Wednesday, November 17, 2010

DTN News: China Wins First Orders For Plane, Breaking Airbus-Boeing Grip....NSI News Source Info # 1213

(NSI News Source Info) TORONTO, Canada - November 17, 2010: Commercial Aircraft Corp. of China announced its first 100 C919 passenger-plane orders, breaking Airbus SAS and Boeing Co.’s stranglehold on the world’s second- largest aircraft market.
General Electric Co.’s leasing arm and China’s big three domestic airlines are among customers for the narrowbody plane, state-controlled Comac said in a statement issued at the Zhuhai air show in southern China today. Chinese airlines accounted for more than half the orders, said Zhang Xinguo, vice president of Comac shareholder, Aviation Industry Corp. of China.

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