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Russia, China plane makers plan rivals for Airbus and Boeing
Economy
May 20, 14:31 UTC+4
It will be the first in a family of airliners to be built on a modular
design basis
An Airbus aircraft (archive)
© EPA/DAN ANDERSON
Russia, China to boost trade, overhaul economic ties - Putin
MOSCOW, May 20. /ITAR-TASS/. Plane makers in Russia and China have
confirmed plans to build a 400-seat, wide-body, long-range passenger
aircraft. It will be the first in a family of airliners to be built on
a modular design basis.
Industry leaders signed a memorandum in the Chinese city of Shanghai
on Tuesday, according to an announcement by the Russian side. The deal
will pit the new airliner against Europe's Airbus and Boeing of the US
as rivals in the sky.
Russian United Aircraft Corporation president Mikhail Pogosyan and Jin
Zhuanglong, chairman of China's Commercial Aircraft Corporation COMAC,
launched the initiative, which promises a feasibility study for
delivery to respective governments in the summer.
Agreement is the result of two years' joint work by Russian and
Chinese experts, said Russia's Pogosyan. "Joint efforts which COMAC
and the United Aircraft Corporation are taking to produce jointly a
family of wide-body airliners is bringing co-operation between the two
countries in aircraft building to an essentially new level.'
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The programme is expected to become one of the largest-scale projects
of international co-operation in airliner construction and high
technology. `The airliner can account for substantial shares on the
markets of Russia, China and third countries,' the Russian
corporation's press service said.
Plans are already advanced, the partners say, discussing the joint
venture's structure and design options for the new transport.
Economy
May 20, 14:31 UTC+4
It will be the first in a family of airliners to be built on a modular
design basis
An Airbus aircraft (archive)
© EPA/DAN ANDERSON
Russia, China to boost trade, overhaul economic ties - Putin
MOSCOW, May 20. /ITAR-TASS/. Plane makers in Russia and China have
confirmed plans to build a 400-seat, wide-body, long-range passenger
aircraft. It will be the first in a family of airliners to be built on
a modular design basis.
Industry leaders signed a memorandum in the Chinese city of Shanghai
on Tuesday, according to an announcement by the Russian side. The deal
will pit the new airliner against Europe's Airbus and Boeing of the US
as rivals in the sky.
Russian United Aircraft Corporation president Mikhail Pogosyan and Jin
Zhuanglong, chairman of China's Commercial Aircraft Corporation COMAC,
launched the initiative, which promises a feasibility study for
delivery to respective governments in the summer.
Agreement is the result of two years' joint work by Russian and
Chinese experts, said Russia's Pogosyan. "Joint efforts which COMAC
and the United Aircraft Corporation are taking to produce jointly a
family of wide-body airliners is bringing co-operation between the two
countries in aircraft building to an essentially new level.'
READ ALSO
Russia's Sibur, China's Sinopec to set up petrochemicals
Russia, China to jointly develop Udokan copper field in Transbaikalia
VTB, Bank of China sign cooperation memo
Russia to boost oil supplies to China refinery ' Rosneft head
The programme is expected to become one of the largest-scale projects
of international co-operation in airliner construction and high
technology. `The airliner can account for substantial shares on the
markets of Russia, China and third countries,' the Russian
corporation's press service said.
Plans are already advanced, the partners say, discussing the joint
venture's structure and design options for the new transport.