Equityworld Futures – China and Russia are planning to pour investments of up to US $ 20 billion to develop a long-bodied jet aircraft and width. China Russia Make Rivals Boeing and Airbus Aircraft

It was developed to compete with Boeing and Airbus.

This ambitious plan is marked by an agreement between the Commercial Aircraft Corporation of China (COMAC) and United Aircraft Corporation (UAC) of Russia that produces many termasu aircraft Sukhoi Superjet 100.
The agreement was signed when Russian President Vladimir Putin visiting Chinese President Xi Jinping in Beijing on June 2016 ago.

In a word, COMAC said that this cooperation will be ratified in Shanghai this year.

In this partnership, will be developed commercial jet aircraft with a capacity of 280 passengers, with the ability to fly up to 12,000 kilometers (km).

Aircraft of this type means it will compete directly with the Boeing 787 and Airbus A350.

The project value is between US $ 13 billion (Rp 169 trillion) to US $ 20 billion (Rp 260 trillion). The two sides will split the capital 50:50.

“COMAC memiiki adequate technology and good design.

We not only work together in technology, but also has the intellectual property,” said President of UAC, Yury Slyusar, quoted by AFP on Friday (11/04/2016).

This new aircraft, planned to be completed in the next few years.

However, the development of commercial aircraft is a challenge for China. Moreover, China aircraft project had also continued to retreat.

China is planning to develop its domestic aerospace industry.

The country plans there is the best ‘Made in China’ in 2025.

Airbus has said, China will need 6,000 new planes worth US $ 945 billion or USD 12 285 billion in the next two decades.

In fact, according to Boeing reached US $ 1 trillion.

COMAC is currently developing a single aisle aircraft named C919. This aircraft was test flown, and received an order of 570 units of 23 subscribers.