Airplane manufacturer. A flash analysis.
In 2015, the Premier of China launched the "Made in China 2025" strategy, which identified the aviation industry as one of ten strategic growth industries to help elevate China from its position as the world's factory and turn it into a development nation. However, for the global market in particular, market entry hurdles should not be underestimated.
Approximately ten years ago, the state-owned Commercial Aircraft Corporation of China (Comac) presented the C919 narrowbody programme. Since then, Comac has been working intensely on multiple fronts. The first three prototypes have already been launched. Technical problems with the Boeing 737 MAX and the fact that it has been grounded around the world are weakening Boeing's reputation on the market. Half of the Boeing-Airbus duopoly - stable thus far - has now come under pressure, which improves Comac's chances for a successful entry into the market.
Published: April 2019