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Beijing Reuters —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 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. China Eastern will get delivery of five aircraft in 2024, while ten are to be delivered each year from 2025 to 2027. The deal includes 15 orders of COMAC’s ARJ21 aircraft and 15 of the C919.
Persons: Li Hanming, ” Li, “ COMAC, COMAC’s Organizations: Beijing Reuters, China Eastern Airlines, Commercial Aircraft Corporation of China, Airbus ’, China Eastern, Boeing Locations: Beijing, Shanghai, Washington, China, Brunei
A Comac C919, China's first large passenger jet, flies away on its first commercial flight from the Shanghai Hongqiao International Airport in Shanghai, China May 28, 2023. REUTERS/Aly Song/File Photo Acquire Licensing RightsBEIJING, Sept 28 (Reuters) - China Eastern Airlines (600115.SS) 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 list price for the C919 is $99 million but aircraft can be sold at discounts of up to 50%, especially for new models. Next, the plane manufacturer will cooperate with China Eastern more closely, to show other potential users the reliability and performance of C919." China Eastern will get delivery of five aircraft in 2024, while ten are to be delivered each year from 2025 to 2027.
Persons: Aly, Li Hanming, Li, COMAC, COMAC's, Sophie Yu, Brenda Goh, Neil Fullick, Peter Graff, Miral Organizations: Shanghai Hongqiao International, REUTERS, Rights, China Eastern Airlines, Commercial Aircraft Corporation of China, Airbus, Boeing, China Eastern, Thomson Locations: Shanghai, China, Rights BEIJING, Beijing, Washington, Brunei
[1/3] An applicant is measured for height during a recruiting session for cabin crew jobs at Hainan Airlines in Beijing, China, March 30, 2023. Carriers including Xiamen Airlines, China Southern Airlines (600029.SS) and Spring Airlines (601021.SS) are now on a hiring spree as domestic travel recovers and they plan to resume flights to popular international destinations. China Southern, which plans to hire 3,000 cabin crew this year, said it already had more than seven times as many applicants by the end of December. Before the pandemic, around 10% of cabin crew applications were typically successful, industry experts said. As the peak summer season approaches, Chinese airlines are adding international capacity.
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