Chinese state-owned plane maker Commercial Aircraft Corp of China (COMAC) has signed an initial agreement to sell 30 of its C919 single-aisle commercial jets to the financial leasing arm of China Merchants Bank (600036.SS), a person with direct knowledge of the deal told Reuters on Tuesday.
The order, sealed at China’s premier air industry trade show in Zhuhai, lifts COMAC’s order book for the C919 to 430, mostly from domestic companies. Still in development, the C919 will be the first Chinese-built jet of its type, targeted at eventually competing with Boeing Co (BA.N) and Airbus Group NV (AIR.PA).
Financial terms of the order weren’t disclosed.
via COMAC signs deal for 30 C919 jets with China Merchants Bank: source | Reuters.
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