News Snapshot:
State-backed Commercial Aircraft Corporation of China (COMAC) aspires to disrupt the duopoly of Airbus and Boeing with its C919 model. However, Sash Tusa , an analyst at Agency Partners, told the Financial Times , “To take a C919 and turn it into a Chinese-only aircraft would require redesign, testing of every single certificate, most important of which is the engines.” So “I’ll see you in the late 2030s.” The C919 is a massive, narrow-body aircraft that can hold 168 to 190 passengers. It is priced%20and%20the%20Boeing%20B737%20MAX%208%20(%24120%20million).) at $99 million, less expensive than the Airbus A320 NEO at $110 million and the...
