China's Aviation Industry Takes Flight with C919 and Simorgh Aircraft.
Originally Published 2 years ago — by Yahoo Finance
Boeing CEO Dave Calhoun downplayed concerns over China's C919 narrowbody jet, stating that it will take a long time for manufacturer Commercial Aviation Corp of China (COMAC) to build the production capacity needed to meet Chinese airlines' demand. Calhoun also stated that Boeing should focus on existing competition and position itself to "win that technology race." He added that China remains "our friend, our customer," but business could proceed with "fits and starts" due to geopolitical tensions.