Airbus CEO says China's Comac could become a serious rival and disrupt the duopoly with Boeing
Airbus CEO says China's Comac could become a serious rival and disrupt the duopoly with Boeing
Airbus CEO Guillaume Faury said Comac's "privileged access" to the Chinese market could let it sell aircraft to other countries as well.
Summary
Airbus CEO Guillaume Faury acknowledged China's Comac as a rising competitor, potentially transforming the Airbus-Boeing duopoly into a "triopoly."
Comac’s C919, a single-aisle jet similar to the A320 and 737 Max, is gaining traction with over 1,000 orders, primarily in China.
While still awaiting US and EU certification, Comac is expanding internationally, engaging with Saudi and Brazilian airlines.
Its success hinges on scaling production amid supply chain challenges. Airbus, recognizing the threat, is increasing A320 production in China to maintain its competitive edge.
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I mean, it was going to happen at some point, just a matter of China scaling up.
It was a testing year for Airbus' defense and space division. While its order intake was a record 16.7 billion euros, it reported a loss of 566 million euros — largely due to a 1.3 billion euro charge on its space programs.
looks blank
I didn't even realize that Airbus did space.
I thought that the big domestic player in European space was Ariane.
goes hunting
Ahhh.
https://en.wikipedia.org/wiki/ArianeGroup
Owners
- Airbus (50%)
- Safran (50%)
Ariane is half-owned by Airbus.
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Very true.
Comac does import a lot of complex parts from the west, though (I'll look it up if this thread gets traction (sorry, I'm lazy today)).
Edit: approx. 40% is foreign built. Here's a list of the top 5 western suppliers.
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Yes, a few years ago when I was manufacturing aircraft engines (the LEAP specifically) we had three variants of the same engine.
A, B and C for the Airbus A320 neo, Boeing 737 Max and Comac c919.
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Arianespace is only building and operating launchers. Airbus is also the biggest satellite manufacturer in Europe. They're in crisis right now, same as their direct European competitor Thales Alenia Space, due to Starlink destroying the traditional space Telecom market, of which they were leaders.