Beijing - Leasing company China Huarong Financial Leasing has entered into a purchase agreement for thirty COMAC C919 and twenty COMAC ARJ21.
Signed on February 26 in Beijing, the agreement allows Commercial Aircraft Corporation of China (COMAC) to display a total of 815 orders from 28 customers for the C919, future competitor of the Airbus A320 and Boeing 737 families.
The ARJ21, which already entered service at Chengdu Airlines, has also reached 453 orders from 21 customers.
We hope to establish a global cooperative relationship with COMAC,
Lai Xiaomin, chairman of China Huarong Asset Management Co., told Xinhua news agency.
Our decision is also in line with the government's "One Belt, One Road " policy, and with the "Made in China 2025" policy,he added.
The C919, which made its maiden flight last year in May, is designed to accommodate 158 passengers with a flight range of 4075 km (2532 NM).
The single-aisle is equipped with CFM International LEAP-1C engines. Its clients include mainly Chinese leasing companies (and GECAS, a subsidiary of GE and provider of the LEAP engines) and Chinese carriers such as Air China, China Eastern Airlines, China Southern Airlines or Hainan Airlines.
Recall that the Chino-Russian consortium CRAIC (China-Russia Commercial Aircraft International Corporation), formed by COMAC and UAC, has revealed a future long-haul variant program, the CR929. The preliminary design and the choice of subcontractors will be announced in 2018. Its entry into service remains for the moment around 2025.
The ARJ21 program was launched 16 years ago. The 90-seater ARJ21-700 is designed to compete with Bombardier and Embraer but also Sukhoi and Mitsubishi on the market of regional aircraft of fewer than 100 seats.
It has been commissioned by, among others, Xiamen Airlines, Joy Air, Shanghai Airlines, Lao Airlines, Myanmar Airways, Merpati Nusantara Airlines and leasing companies GECAS and ICBC Leasing.
Inspired by the McDonnell-Douglas MD80, it is equipped with General Electric GE CF34-10A engines. The aircraft is currently certified only by the Chinese authorities.
A larger version, the ARJ21-900, is expected to be launched with an increased capacity of 98/105 seats. According to Chengdu Airlines, the four ARJ21 in service have transported 49,000 passengers to date.