Another OEM squeaked under the year end wire. China’s first domestic regional jet has officially been certified. This means COMAC can move forward with the ARJ21’s entry into service. The ARJ21-700 won its certificate after a series of examinations by the Civil Aviation Administration of China.
The ARJ21, short for Advanced Regional Jet for the 21st Century, is eight years behind schedule. It has 78 seats in a dual-class configuration and 90 seats in a full economy configuration. Launch customer Chengdu Airlines should take delivery in early 2015.
AirInsight announces its latest report on the regional airline industry. Forty pages of analysis and charts covering the industry issues and trends. Continue reading
At the 10th China International Aviation & Aerospace Exhibition in Zhuhai, Chinese OEM COMAC (no link because we cannot get www.comac.cc to load) signed an MoU with the Republic of Congo’s Ministry of Transport for three ARJ21-700s. The order consists of two ARJ21-700 regional jets and one ARJ21-700 business jet. The Republic of Congo also is known as Congo-Brazzaville. Continue reading
Frequently industry analysts get caught up in the vast amount of minutiae this industry generates. We decided to step back and take a 50,000 foot look at the industry and came up a few charts we find illustrative and interesting.
Taking the global fleet and breaking it down by regions gives us the first chart. Three markets are clearly crucial and make up 75% of the market. Numbers in the columns represent the fleet type size. The bold numbers indicate how much of the global fleet is based in the region.
The smaller markets are rather similar in extent. Turboprops represent 9.8% of the market, narrow body aircraft are 71.5% and wide body aircraft make up 18.8%. Continue reading