March 01, 2015 11:15 AM ET

Aerospace and Defense

Company Overview of China Commercial Aircraft Co., Ltd.

Company Overview

China Commercial Aircraft Co., Ltd. engages in the research, manufacture, and flight tests of civil aircraft and related products in China. The company’s products include C919, a short-medium range commercial trunk liner; and a turbofan short/medium range regional jet. It also engages in marketing, servicing, leasing, and operations of civil aircraft; and offers passenger aircraft programs. The company was founded in 2008 and is based in Shanghai, China with additional offices in Beijing, China; Los Angeles, California; and Paris, France. It has a financial service center in Shanghai.

25 Zhangyang Road

Shanghai,  200120


Founded in 2008


86 21 3858 8888


86 21 3858 8800

Key Executives for China Commercial Aircraft Co., Ltd.

Vice-Board Chairman and President
Age: 48
Chief Financial Officer
Age: 58
Chairman and CPC Secretary
Age: 50
Vice Secretary of COMAC CPC
Age: 58
Vice President
Age: 57
Compensation as of Fiscal Year 2014.

China Commercial Aircraft Co., Ltd. Key Developments

Aircraft Corp of China Ltd Secures Order of 20 C919-Aircrafts from Huaxia Financial Leasing

Aircraft Corp. of China Ltd, or COMAC, announced that it had acquired 20 C919 aircraft orders from Huaxia Financial Leasing Co., Ltd. As of to date, a total of 18 companies have ordered the C919 aircraft and the total orders amounted to 450 units. The C919 passenger airliner is expected to finish its final assembly in 2015, and will able to deliver the aircrafts in 2016.

Commercial Aircraft Corporation of China Signs an Agreement to Sell 30 C919 Single-Aisle Commercial Aircrafts to CMB Financial Leasing

Commercial Aircraft Corporation of China has signed an agreement to sell 30 C919 single-aisle commercial aircrafts to CMB Financial Leasing. Commercial Aircraft Corporation of China signed the agreement at the Zhuhai Airshow and orders for the C919 have risen to 430, most of which were ordered by home customers. The C919 is under research and development, and the company expects to compete with Boeing and Airbus with the aircraft. The first test flight of the C919 has been delayed to 2015, which leaves more time for Boeing and Airbus to improve the 737 Max and the A320neo.

Commercial Aircraft Corporation of China, Ltd. Signs an Intention Agreement of 20 ARJ21-700 Aircraft with Comsys Leasing Co. Ltd

Commercial Aircraft Corporation of China, Ltd. signed an Intention Agreement of 20 ARJ21-700 aircraft with Comsys Leasing Co., Ltd. This indicates that Comsys (Tianjin) Leasing Co., Ltd. has become the 17th customer of ARJ21 aircraft, and the total orders of ARJ21 aircraft have amounted to 278.

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