Chinese participation at UK's Farnborough Air Show is biggest ever
Edward Voskeritchian
Top 1% most viewed LinkedIn profiles - Partner at LUCA Trading
COMAC's C919 model is on display at the Farnborough Air Show, one of the major exhibitions for the world aviation industry, in Britain, July 11, 2016. The show, which runs from July 11 to July 17, features the biggest Chinese participatin ever. The C919 is China's first-ever locally designed and built short and medium-haul jet. [Photo by Wang Mingjie/China Daily]
China's participation in this year's biennial Farnborough Air Show, one of the most important showcases for the world aviation industry, is the biggest –ever, according to the organisers.
The show, which runs from July 11 to July 17, will feature a Chinese pavilion hosting some of the country's leading aviation and avionics firm.
Already two deals have been announced, with China's Xiamen Airlines signing a memorandum of understanding for the purchase of up to 30 Boeing 737 Max 200 aircraft, worth as much as $3.39 billion at current prices.
But an even bigger deal was between Boeing and Donghai Airlines, which signalled its intention to buy 25 Boeing 737 MAX-8 jets and five 787-9 Dreamliners, an agreement that could be worth as much as $4 billion, and is part of Donghai's plan to transition from being a cargo carrier to a passenger airline.
If you want to stay updated on the latest news by subscribing to the group Linkedin BUSINESS IN CHINA, the largest group in the world dedicated to Business in China
by China Daily News (see full article)