{"id":78801,"date":"2024-05-27T00:00:00","date_gmt":"2024-05-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/chinese-aircraft-maker-comac-sets-sights-on-entering-the-saudi-market\/"},"modified":"2024-05-27T00:00:00","modified_gmt":"2024-05-27T00:00:00","slug":"chinese-aircraft-maker-comac-sets-sights-on-entering-the-saudi-market","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/05\/27\/chinese-aircraft-maker-comac-sets-sights-on-entering-the-saudi-market\/","title":{"rendered":"Chinese aircraft maker Comac sets sights on entering the Saudi market"},"content":{"rendered":"

Chinese state-owned planemaker Comac is setting its sights on entering the Saudi market in a bid to <\/strong>compete with Western manufacturers<\/strong>, Reuters<\/a> reported on Thursday, citing statements by its chairman Dongfeng He. \u201cComac envisions enhancing global connectivity and diversity by contributing to Saudi Arabia's aviation transportation development,\u201d He said last week during an aviation forum in Riyadh. He said two of the group\u2019s operational planes \u2014 the C919 and ARJ21 regional jet \u2014 could boost Saudi\u2019s flight market both domestically and regionally. <\/p>\n

Filling the gap?<\/strong>A series of safety failures by Boeing have made Comac more competitive<\/a> in the Asian jetliner market where budget carriers are ramping up orders. Airline executives have recognized that Comac shows promise<\/a> as a challenger that can unseat the traditional Boeing-Airbus duopoly, with aviation consultancy IBA foreseeing that the Chinese planemaker could potentially snap up 1% of the global narrow-body aircraft market by 2030. However, challenges abide in terms of the certification of Comac aircraft with US and European regulators and obstacles to scaling production, the report also noted. Comac\u2019s aircraft costs at least a quarter less than their European and US counterparts. <\/p>\n

A hurdle along the way:<\/strong> Aviation sources told Reuters that Comac still has a long way to go before it can credibly expand overseas due to the lack of key certifications from the US or European Union and the need for more efficient planes. The US added the Chinese manufacturer in 2021 to its list of companies affiliated to the Chinese military, banning any investments by American firms in it.<\/p>\n","protected":false},"excerpt":{"rendered":"

Inroads may be slow given lack of US, European Union certification<\/p>\n","protected":false},"author":1,"featured_media":78802,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[177],"tags":[145,31],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-78801","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aviation","tag-aviation","tag-saudi-arabia","wpautop","entry"],"acf":{"mongo_id":"901f2cac-0fba-4d19-b552-b57a4b9c8305","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/5\/2009.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Chinese aircraft maker Comac sets sights on entering the Saudi market","related_issue":[78789],"teaser":"Inroads may be slow given lack of US, European Union certification","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.2cf1cf97-95bc-4cab-919a-d8a8f6b53430.mp3"},"yoast_head":"\nChinese aircraft maker Comac sets sights on entering the Saudi market - 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