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February 08, 2016 11:41 AM ET

Aerospace and Defense

Company Overview of Commercial Aircraft Corporation of China,Ltd.

Company Overview

Commercial Aircraft Corporation of China,Ltd. designs, researches, develops, manufactures, and performs flight tests of civil aircraft and related products. It focuses on aircraft design, final assembly and manufacture of aircraft, marketing and customer service, acquisition of certification, and supplier management. The company offers C919, a short-medium range commercial trunk liner; and ARJ21, a turbofan short/medium range regional jet. It also engages in marketing, servicing, leasing, and operations of civil aircraft; and offers passenger aircraft programs. Commercial Aircraft Corporation of China,Ltd. was founded in 2008 and is based in Shanghai, China. The company has additional office...

25 Zhangyang Road

Shanghai,  200120


Founded in 2008


86 21 3858 8888


86 21 3858 8800

Key Executives for Commercial Aircraft Corporation of China,Ltd.

Vice-Board Chairman and President
Age: 49
Chief Financial Officer
Age: 59
Chairman and CPC Secretary
Age: 51
Vice Secretary of COMAC CPC
Age: 59
Vice President
Age: 58
Compensation as of Fiscal Year 2015.

Commercial Aircraft Corporation of China,Ltd. Key Developments

Commercial Aircraft Corporation of China Wins Orders for 517 Large C919 Aircrafts

Commercial Aircraft Corporation of China (COMAC) received orders for buying 517 large C919 passenger aircrafts from 21 domestic and foreign buyers, including China International Airlines, China Eastern Airlines, China Southern Airlines, Hainan Airlines, Sichuan Airlines, Hebei Airlines, Puren Airlines, City Airways, ICBC Financial Leasing, and Ping An International financial Leasing.

Export-Import Bank of China Signs Financing Agreement with Commercial Aircraft Corporation of China

The Export-Import Bank of China has signed a CNY 50 billion financing framework agreement with Commercial Aircraft Corporation of China (COMAC) to address the funds demand for research and development, manufacturing and sale of domestic civil aircraft. By far, the balance of credit extended by Export-Import Bank of China for the aviation industry reached about CNY 110 billion, which was used to support the foreign trade of over 700 aircraft. The Chinese lender will support the sale and exports of aircraft made in China.

Boeing Signs Deal to Set Up 737 Aircraft Final Assembly Plant in China

Boeing has entered into an agreement with Commercial Aircraft Corporation of China, according to which both companies will set up a 737 aircraft final assembly joint venture in China. This will be Boeing's first plant outside the US. The establishment of the JV will significantly expand cooperation between both companies and enable Boeing to increase its 737 aircraft capacity. Chinese airlines are expected to have an increasing demand for Boeing 737s.

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