This will be an interesting development as there is only two major players in the market Boeing and Airbus. China with its rapid growth will require more and more of such passenger jets. But starting off such a company isn’t simple, the technology for production and development of such jumbo jets takes tens of years to perfect. Also their competitors are already so entrenched into the market each supported by their respective governments. Success or failure would be extremely difficult to say.
China Venturing into Jumbo Jets
By Finance in China Venturing into Jumbo Jets
May
11