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Air China and Comac sign an agreementCryptogamesgamblingThe purchase of 100 C919 aircraft is expected to be delivered in batches from 2024 to 2031 at a total price of about $10.8 billion, and the actual payment will be lower than the catalogue price. The order volume of C919 has increased to more than 300 within half a year, and China Eastern Airlines has received five aircraft and put them into operation.

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[Comac of China]CryptogamesgamblingThe C919 large airliner welcomes another 100 orders] the domestic trunk airliner C919 developed and manufactured by Commercial aircraft Corporation of China (Comac) ushered in a new breakthrough in orders. Air China has announced that it has signed an agreement with Comac to buy 100 C919 aircraft and plans to deliver them in batches from 2024 to 2031. Air China announced that part of the purpose of the deal is to update the fleet, and it is expected that the deal will increase Air China's capacity by about 7%.Cryptogamesgambling.5%. According to the catalogue price provided by Comac, the total basic price of the order is about $10.8 billion. Air China mentioned that Comac offered a large price discount after fair negotiations, and the actual transaction price was lower than the catalogue price. Comac's C919 has received more than 1,000 reserve orders since its launch in 2009. Among them, China Eastern Airlines Co., Ltd. (China Eastern Airlines) ordered five aircraft in 2021 and bought an additional 100 aircraft in 2023, marking the beginning of Comac's large-scale harvest of C919 confirmation orders. In addition, China Southern Airlines Co., Ltd. (China Southern Airlines) also plans to sign an agreement with Comac to purchase the C919, which is expected to be the same as Air China, with an order of 100. If you add in the order of 40 C919 high prototypes signed by Xizang Aviation Co., Ltd. (Xizang Airlines), Comac will confirm that the order will increase to more than 300 within half a year. Comac's C919 aircraft is China's first trunk jet with independent intellectual property rights, with a seat class of 158,192 seats and a range of 4075-5555 km. The C919 completed the final assembly on November 2, 2015, delivered the world's first aircraft on December 9, 2022, and completed its first commercial flight on May 28, 2023. According to sources, both Air China and China Southern Airlines plan to start receiving C919 aircraft within this year. Jinpeng Aviation Co., Ltd. also announced on April 26 that in the next 3-4 years, the passenger fleet will be gradually adjusted to a single domestic C919 aircraft, and plans to receive the first C919 aircraft in the fourth quarter of 2024 and introduce 30 aircraft by the end of 2027. Comac's next major task is to increase production capacity to meet delivery needs. China Eastern's order for 100 C919 aircraft is scheduled to be delivered in batches from 2024 to 2031. China Southern's order plan and Jinpeng's delivery plan have been announced, which requires Comac to deliver more than 50 aircraft a year. Comac's production capacity expansion plan is already under planning, and the annual production capacity will reach 150 or more in the next five years. To this end, Comac will invest tens of billions of yuan to increase production capacity in the next 3-5 years. At the same time, the derivative model and serialization of the C919 is another challenge for Comac in the manufacturing stage. Air China ordered the C919 extended range model C919ER, whose maximum takeoff weight is higher than that of the basic model. On the other hand, the high prototype is more complex and needs to meet the transportation requirements of the plateau area.

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