Subject category:
Strategy and General Management
Published by:
Amity Research Centers
Length: 12 pages
Data source: Published sources
Abstract
Commercial Aircraft Corporation of China (COMAC), a state-owned limited liability company, was established in 2008. The main function of COMAC was to implement China's civil aircraft manufacturing programmes, especially large aircraft. In 2015, COMAC delivered its first aircraft ARJ21, a regional jet to Chengdu Airlines, to be inducted into commercial service. The ARJ21 was certified by the local aviation authority. At the same time COMAC rolled out, China's first homemade large passenger jet C919, off the production line. The aircraft was expected to enter for commercial service in 2019, raising the hopes of people of China that their country would soon make a mark in the International aviation market. A section of aviation industry experts felt that, COMAC would turn into a formidable contender as the third global aircraft manufacturer, but some experts were skeptical about the same. COMAC, as a new entrant in the aircraft manufacturing sector faced with myriad challenges such as negative perception regarding 'Made in China' products, cost and fuel efficiency and safety. Would COMAC be able to fulfill the expectations, overcoming the limitations, to become one of the world class civil aviation enterprises, were few questions that remained to be answered.
About
Abstract
Commercial Aircraft Corporation of China (COMAC), a state-owned limited liability company, was established in 2008. The main function of COMAC was to implement China's civil aircraft manufacturing programmes, especially large aircraft. In 2015, COMAC delivered its first aircraft ARJ21, a regional jet to Chengdu Airlines, to be inducted into commercial service. The ARJ21 was certified by the local aviation authority. At the same time COMAC rolled out, China's first homemade large passenger jet C919, off the production line. The aircraft was expected to enter for commercial service in 2019, raising the hopes of people of China that their country would soon make a mark in the International aviation market. A section of aviation industry experts felt that, COMAC would turn into a formidable contender as the third global aircraft manufacturer, but some experts were skeptical about the same. COMAC, as a new entrant in the aircraft manufacturing sector faced with myriad challenges such as negative perception regarding 'Made in China' products, cost and fuel efficiency and safety. Would COMAC be able to fulfill the expectations, overcoming the limitations, to become one of the world class civil aviation enterprises, were few questions that remained to be answered.