Xinhua
10 Jun 2023, 21:48 GMT+10
With China accounting for approximately one-fifth of global air traffic and boasting a growth rate of more than air traffic annually -- faster than both the United States and Europe -- the country could be on pace to become the world's largest air traffic market by 2050, said Andrea Giuricin, head of transportation-focused firm TRA Consulting.
ROME, June 10 (Xinhua) -- China's self-developed large passenger aircraft C919 holds certain advantages over established foreign rivals, a leading European expert in the sector has said.
"It's very early, but we can say that the C919's path to becoming a rival to large and established companies like Boeing and Airbus is not impossible," said Andrea Giuricin, head of transportation-focused firm TRA Consulting, in an interview with Xinhua.
On May 28, the C919 completed its first commercial flight from Shanghai to Beijing operated by China Eastern Airlines, marking its official entry into the civil aviation market.
The C919 project was launched in 2007. Developed by the Commercial Aircraft Corporation of China, Ltd. (COMAC), the first C919 aircraft rolled off the production line in Shanghai in November 2015. In 2017, the plane accomplished its maiden flight.
Giuricin said that the C919's primary advantage could lie in its home-field advantage in China. With China accounting for approximately one-fifth of global air traffic and boasting a growth rate of more than air traffic annually -- faster than both the United States and Europe -- the country could be on pace to become the world's largest air traffic market by 2050, he noted.
According to L'Usine Nouvelle, a French technology publication, the C919 will be more powerful than the Boeing 737 and the Airbus 320, and it could rival those aircraft in terms of fuel efficiency.
Get a daily dose of Long Beach Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Long Beach Star.
More InformationWASHINGTON, D.C.: Ten Democratic lawmakers in the U.S. House of Representatives have asked the Pentagon to reduce military training...
NEW BRUNSWICK, New Jersey: Johnson & Johnson is ramping up its U.S. investments even as global trade tensions resurface with plans...
WASHINGTON, D.C./DUBAI: The United Arab Emirates is significantly expanding its financial footprint in the U.S. with a new investment...
NEW YORK, New York - Investors bought up stocks on U.S. markets Monday after President Donald Trump indicated he may pull back on some...
NEW YORK CITY, New York: New York State's highest court has struck down a law this week that would have allowed over 800,000 legal...
CUPERTINO, CALIFORNIA: Apple's ambitious foray into streaming is proving costly, with the company reportedly losing over US$1 billion...
WASHINGTON, D.C.: Ten Democratic lawmakers in the U.S. House of Representatives have asked the Pentagon to reduce military training...
TORONTO, Canada: An initial investigation into last month's dramatic Delta Air Lines crash-landing in Toronto has revealed that the...
NEW YORK CITY, New York: New York State's highest court has struck down a law this week that would have allowed over 800,000 legal...
The death toll in Gaza on the weekend has passed 50,000, local health authorities have reported. What started the carnage was the Hamas-led...
WASHINGTON, D.C.: The U.S. Department of Agriculture (USDA) has announced plans to invest up to US$100 million in research to develop...
WASHINGTON, D.C.: The U.S. Department of Health and Human Services (HHS) has removed a 2024 advisory from its website that called gun...