September 23, 2017 2:53 AM ET

Aerospace and Defense

Company Overview of Commercial Aircraft Corporation of China, Ltd.

Company Overview

Commercial Aircraft Corporation of China, Ltd. engages in the research, manufacture, and flight tests of civil aircraft and related products. It also markets, services, leases, and operates civil aircraft. The company was founded in 2008 and is headquartered in Shanghai, China.

Shibo Avenue 1919

Shanghai,  200126

China

Founded in 2008

Phone:

86 21 2088 8888

Fax:

86 21 6888 2919

Key Executives for Commercial Aircraft Corporation of China, Ltd.

Chief Financial Officer
Age: 61
Vice President
Age: 60
Vice President
Age: 57
General Director
Age: 51
Deputy General Director
Compensation as of Fiscal Year 2017.

Commercial Aircraft Corporation of China, Ltd. Key Developments

Commercial Aircraft Corp of China Ltd Appoints He Dongfeng as Chairman

Commercial Aircraft Corp. of China Ltd. has appointed He Dongfeng as its chairman. Prior to this appointment, Dongfeng worked for Commercial Aircraft Corp. of China Ltd. as its vice-chairman and general manager.

Commercial Aircraft Corporation of China, Ltd. Signs Framework Purchase Agreement of 30 C919 Aircraft with EverBright Financial Leasing Co., Ltd

Commercial Aircraft Corporation of China, Ltd. (COMAC) signed a framework purchase agreement of 30 C919 aircraft with EverBright Financial Leasing Co., Ltd. in Beijing on June 13th, 2017. Thus, COMAC had 24 domestic and foreign customers of C919 aircraft and secured a total of 600 orders.

Commercial Aircraft Corporation of China and United Aircraft Corporation of Russia Establishes the Long Range Wide Body Commercial Aircraft Program Joint Venture

Commercial Aircraft Corporation of China, Ltd. (COMAC) and United Aircraft Corporation of Russia (UAC) held an establishment ceremony for the Long Range WideBody Commercial Aircraft Program joint venture-name as China-Russia Commercial Aircraft International Co., Ltd. (CRAIC) on May 22nd, 2017. The main responsibility of CRAIC is to develop a new generation long range wide body commercial aircraft and take charge of its commercial operation. Under the depth development of China-Russia comprehensive strategic cooperative partnership, the long-range wide body commercial aircraft is a major strategic and pragmatic cooperation between Chinese and Russian enterprises in the field of high-tech development. On June 25, 2016, under the testimony of President Xi Jinping and President Putin, COMAC and UAC have signed a joint venture contract. After the full consultation between the two companies, the companies agreed to establish a joint venture for project cooperation in accordance with the equivalence principle. At present, the two companies have completed the industrial and commercial registration process with a business license. The name of this joint venture is China-Russia Commercial Aircraft International Co., Ltd. (CRAIC), based in Shanghai.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Tax Management Inc United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Commercial Aircraft Corporation of China, Ltd., please visit www.comac.cc. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.