China orders airlines to halt Boeing deliveries
China has reportedly told its airlines to stop taking delivery of Boeing aircraft as the ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
China has taken to the skies or, rather, its first domestically manufactured large-scale passenger aircraft has. The Comac C919 completed its maiden flight today (Friday), carrying a skeleton crew and several mechanics. According to the BBC, the flight lasted 90 minutes, taking off in front of a crowd of thousands, including dignitaries, aviation workers and enthusiasts before landing back at Shanghai’s Pudong Airport. Aiming to be a direct competitor to Boeing’s 737 and the Airbus 320 – and at $50m, less than half the price – the C919 illuminates the growing ambition of the people’s republic. Initially announced back in 2008, it suffered repeated delays before finally launching.
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