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Airbus says competition from China's Comac C919 is 'not going to rock the boat' - TL;DR CNBC

Airbus says competition from China's Comac C919 is 'not going to rock the boat'

Publishing timestamp: 2024-02-20 01:58:58


Summary

Airbus executive not worried about competition from China's Comac C919, saying it is not very different from what Airbus and Boeing already have in the market. Comac C919 is certified by Chinese authorities and has entered commercial service with China Eastern Airlines. Industry experts see it as a potential competitor to Boeing and Airbus due to issues like the 737 Max.


Sentiment: NEUTRAL

Tickers: AIR-FRBA

Keywords: indiaasia newschinacurrency marketsairlinesstock marketsairbus seeast asiaboeing coasia economyforex marketssouth asiaaerospace and defense industryhong kongdebt and bond marketsbusiness news

Source: https://www.cnbc.com/2024/02/20/airbus-says-competition-from-chinas-comac-c919-wont-rock-the-boat.html


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