Are Chinese Planes Ready to Challenge Boeing, Airbus Duopoly in Commercial Aviation?
The article analyzes the potential for China's COMAC C919 passenger jet to challenge the Boeing-Airbus duopoly. European regulators completed flight testing of the C919 without finding major hardware problems, though software tweaks may be needed before certification. This comes as Boeing faces manufacturing and quality control issues, with its stock down 16% in six months, and Airbus struggles with external supplier problems. Both Western manufacturers have backlogs exceeding 15,000 aircraft. COMAC has secured orders for 200 planes from Chinese airlines. The FAA recently allowed Boeing to resume issuing airworthiness certificates for its 737 MAX and 787 aircraft, a key step in production ramp-up. The article notes that while the Chinese entrant is small compared to the incumbents, delivery delays and high maintenance costs create an opening for disruption.
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