Feb 23 • 03:00 UTC 🇨🇳 China South China Morning Post

China’s C909 Jet Gets International Uplift with Funding for Adoptive Airline

Chengdu Airlines receives a significant capital injection from Comac to expand its international operations with the C909 regional jet.

Chengdu Airlines, a subsidiary of the Commercial Aircraft Corporation of China (Comac), has secured a substantial injection of 634 million yuan (approximately US$91.76 million) to enhance its operational capacity and international outreach with the C909 regional aircraft. This funding, which boosts the airline's registered capital from 680 million to 2 billion yuan, is strategic in enabling Chengdu Airlines to broaden its coverage to Southeast Asia, Central Asia, and Russia, thereby positioning the C909 as a competitive alternative to established Western aircraft models.

The investment comes at a critical juncture for Comac, which is striving to establish a foothold in the global aviation market dominated by Boeing and Airbus. As part of its broader strategy, the financial support aims not only to bolster Chengdu Airlines but also to enhance the credibility and appeal of the C909 in international markets. Increased operational capacity will allow Chengdu Airlines to explore new routes, potentially transforming the dynamics of regional air travel and fostering economic ties within Asia and beyond.

This capital infusion could pave the way for Comac to expand its range of aircraft and improve its market position significantly. As airlines globally recover from the impacts of the pandemic and seek to boost fleets with new models, the successful launch and deployment of the C909 could mark a significant milestone in China's aviation aspirations, challenging the existing dominance of Western manufacturers.

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