Commercial Aircraft Corp of China Ltd (Comac) is set to miss a revised delivery target for its marquee C919 single-aisle jet, dealing a blow to its global ambitions after trade war-induced headwinds helped hamper production.
Chinese state-owned aerospace manufacturer COMAC is stepping up promotion of its new business jet, likely in hopes that the type will eventually challenge offerings from established industry heavyweights like Gulfstream, Bombardier, and Dassault.
AirAsia's boss Tony Fernandes tells CNBC's JP Ong that the budget carrier is in talks with Airbus, Embraer and Comac to acquire new aircraft, says cost structure remains a priority ... .
The Chamber of Oil Marketing Companies (COMAC) expects fuel prices to drop marginally across the board in second half -October, driven by lower international oil prices and a stronger cedi ... COMAC said.