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Tag COMAC

China Inc to buy up to 90% of ILFC

“China Inc” has agreed to buy 80% of mega-lessor International Lease Finance Corp and optioned another 10%, with major implications for global aviation. ILFC parent AIG, which is still largely owned by the US government after the 2008 bailout following…

Will ARJ-21 Delays Impact C919?

COMAC recently announced that the ARJ-21 certification and entry into service will be delayed by an additional 1-2 years, and not enter service until 2015 at the earliest.   Having flown a prototype a couple of years ago, this has…