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☆ Why China and Boeing Still Need Each Other
  + stars: | 2023-11-22 | by ( Niraj Chokshi | Keith Bradsher | More About Niraj Chokshi | ) www.nytimes.com   time to read: +2 min
Boeing is holding 85 Max planes in storage awaiting delivery to Chinese carriers, for which the planes were even painted years ago. Over the next two decades, Boeing projects, China will account for 20 percent of global airplane demand. This means China will need an estimated 6,500 single-aisle planes like the 737 Max and more than 1,500 larger, twin-aisle planes, such as Boeing’s 787 Dreamliner, Boeing said. The first Max passenger flight there was in January, and all 95 Max planes in China are now back in service. Boeing has also sold and delivered dozens of 777 freighters to customers in China in recent years.
Persons: Max Organizations: Boeing, Max, ICBC Leasing Locations: China, Indonesia, Ethiopia, Dubai
☆ China's COMAC secures 330 aircraft orders, boosts demand outlook at air show
  + stars: | 2022-11-09 | by ( Sophie Yu Brenda Goh | Sophie Yu | Brenda Goh | ) www.reuters.com   time to read: +2 min
China Development Bank Leasing, ICBC Leasing, CMB Financial Leasing, BOCOM Leasing, CCB Financial Leasing, SPDB Financial Leasing and Jiangsu Financial Leasing on Tuesday signed orders for a combined 300 C919s and 30 ARJ21s at Airshow China in the southern city of Zhuhai, COMAC said in a statement on Wednesday. As with previous announcements, it was not immediately clear how many were firm orders or expressions of interest, and no delivery dates were provided. Before the latest deals, there had been 815 orders for the C919 from 28 customers, according to COMAC's website. COMAC said on Tuesday that China would need 9,284 new aircraft over the next 20 years to meet market demand, 200 more than in its forecast last year. The U.S manufacturer forecast China would need 6,370 single-aisle airplanes to support its growing network of international and domestic routes in that time, while COMAC said that 6,896 such planes would be needed.
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