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Turkish Foreign Minister Hakan Fidan’s three-day visit to China signaled improved diplomatic relations, upgraded bilateral trade and investment ties, and a significant step toward Turkey’s accession to the anti-Western BRICS bloc.
The Commercial Aircraft Corporation of China, better known as Comac, plans to triple its production capacity to meet rising domestic demand for passenger jets, an expansion that coincides with ongoing troubles for American aviation giant Boeing’s planes.
SINGAPORE/HONG KONG -- When China's answer to the Boeing 737 and the Airbus A320 debuted at the Singapore Airshow, it signaled that Southeast Asia would be the first stop for manufacturer COMAC on its journey to go global.
SINGAPORE — China's homegrown airliner may be the latest challenger to Airbus and Boeing's passenger jets, but an executive from Airbus said he's not worried.
As aviation giant Boeing races to address defects plaguing its 737 model following a mid-air blowout in the US, expected delays in deliveries to its Asian clients could consolidate rival Airbus’ lead and open a window of opportunity for Chinese planemaker Comac, analysts said.