COMAC Signs Contract for 90 ARJ21 Jetliners

Released on Monday, July 11, 2016
CAAC - Civil Aviation Authority of China
CALC - China Aircraft Leasing Company
COMAC - Commercial Aircraft Corporation of China, LTD
FPI - Friedmann Pacific Asset Management Limited
GE - General Electric
USD - United States Dollar
FARNBOROUGH, U.K. -- COMAC (Commercial Aircraft Corporation of China, Ltd.) held two signing ceremonies today at the Farnborough Air Show for a total of 90 ARJ21 aircraft powered by GE's CF34-10A engines. The CF34-10A engines in the orders are valued at more than $1.5 billion (USD) list price.

AVIC Leasing, a subsidiary of Aviation Industry Corporation of China (AVIC), signed an agreement to purchase 30 CF34-10A-powered ARJ21 aircraft. Friedmann Pacific Asset Management Limited (FPI) and China Aircraft Leasing Holding Group Limited (CALC) signed a commitment to purchase 60 CF34-10A-powered ARJ21 aircraft. FPI plans to operate the new aircraft as part of a new airline being established in Indonesia.

"COMAC's ARJ21 aircraft has had an outstanding year with entry into service of the aircraft with Chengdu Airlines last month," said Weiming Xiang, president of GE Aviation Greater China Region. "This order for additional CF34-10A-powered ARJ21 aircraft is another exciting milestone for the program, and GE Aviation is proud to be part of such an important aviation program in China."

COMAC launched the ARJ21 program in 2002, and GE's CF34-10A engine was selected as the powerplant in the same year. The aircraft received Type Certificate from the Civil Aviation Administration of China (CAAC) in late 2014.

Source: New orders for CF34-powered COMAC ARJ aircraft

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