COMAC signes agreement with lessor ICBC Financial Leasing for 20 regional jets.


New York (AirGuideBusiness - Business & Industry Features) - Wed, Sep 16, 2015 Chinese state-owned plane maker COMAC has signed an initial agreement with lessor ICBC Financial Leasing to lease 10 ARJ21 regional jets and 10 C919 single-aisles to Thai airline City Airways. The order, sealed on the sidelines of the 2015 Beijing airshow, lifts Comac's order book for the C919 to 514, and for the ARJ21 to more than 300, mostly from domestic companies, a Comac spokesman said. Financial terms weren't disclosed. The ARJ21, China's first locally built regional jet, is designed to compete against Embraer and Bombardier aircraft. The plane, which seats about 90 passengers, is not yet in commercial service. COMAC is also making the self-developed narrow-body C919, targeted at eventually competing with Boeing and...

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