DAE chairman expects Comac to challenge Airbus, Boeing's dominance in aircraft market
Date
6/23/2024 5:54:51 AM
(MENAFN) According to DAE Chairman Firoz Tarapore, Chinese state-owned Commercial Aircraft Corporation of China (COMAC) has the potential to disrupt the longstanding duopoly of Airbus and Boeing in the passenger aircraft production market within the next decade. While Airbus and Boeing have traditionally dominated the market as the primary suppliers of planes to airlines, recent challenges have created an opening for COMAC to make significant strides.
Airbus has been struggling to ramp up production amidst a surge in orders, while Boeing has faced regulatory scrutiny following incidents such as the explosion of a body panel on a new plane during flight in January. Tarapore emphasized the promising prospects of COMAC's narrow-body C919 aircraft, likening it to the Airbus A320 and Boeing 737 MAX, describing it as "a very good plane."
Speaking in Dubai, Tarapore highlighted COMAC's unique opportunity to challenge the Airbus-Boeing duopoly over the next decade, citing Airbus's saturation of orders and Boeing's production difficulties. Despite primarily operating within China and with limited international presence, COMAC aims to expand its reach by seeking European Aviation Authority certification for its C919 aircraft and targeting international customers.
However, industry sources caution that COMAC still faces significant hurdles before achieving widespread international success. Key challenges include the lack of US or EU certification and the need for more efficient aircraft designs. While COMAC's ambitions are notable, its path to challenging the dominance of Airbus and Boeing remains long and uncertain.
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