China Commercial Plane Manufacture Receives approx. 10 Billion USD in orders, expected to become World’s largest supplier…

China Eastern Airlines just made the biggest C919 order ever, for 100 planes

China Eastern Airlines said on Thursday it will buy another 100 C919 airplanes in a deal worth $10 billion at list prices, in what would be the largest ever order for the jet made by the Commercial Aircraft Corporation of China (COMAC).

The state-owned carrier said it had received a “substantial discount” for the deal and that the planes will be delivered in batches from 2024 to 2031. The list price for the C919 is $99 million but aircraft can be sold at discounts of up to 50%, especially for new models.

The deal comes five months after the Chinese passenger plane, developed by state-owned COMAC to rival Airbus’ A320neo and Boeing’s (BA) 737 MAX single-aisle jet families, took its first flight in May with China Eastern.

Global News Update with Mr. Beckmann

Article Source: CNN Business
Image by China Eastern Airline

Legal Disclaimer: INFYNIT is providing the content here for educational purposes only. All opinions are of the original author and not an opinion of INFYNIT or any of its affiliates.