Amid Boeing's challenges, China's Comac rises as a prominent beneficiary, positioning itself to potentially surpass the American aviation giant.
To fulfill the growing domestic demand for passenger jets, the Commercial Aircraft Corporation of China, or Comac, intends to increase its manufacturing capacity. This expansion comes at the same time that Boeing, the American aviation giant, is still having problems with its planes.
In China's rapidly expanding aviation business, there is a growing likelihood that Comac may surpass the ill-fated and badly run US aircraft manufacturer. However, there's also a risk that in retaliation, the US might impose fresh penalties on Comac and other Chinese aircraft manufacturers.
Recent sources state that Comac intends to open a second manufacturing facility in Shanghai, complete with an assembly line for the C919 narrow-body passenger jet and associated logistics facilities. The stated objective is to increase Comac's yearly production ca...