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Beijing Makes First Foray Into 'the Highest League of the Aircraft Industry'

© REUTERS / Greg Baker/PoolChinese C919 passenger jet lands on its maiden flight at Pudong International Airport in Shanghai, China May 5, 2017
Chinese C919 passenger jet lands on its maiden flight at Pudong International Airport in Shanghai, China May 5, 2017 - Sputnik International
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China's first national passenger jet, the C919, is making its maiden flight, signaling that the country has made it to "the highest league of the aircraft industry," according to the Russian online newspaper Vzglyad.

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The C919, China's first-ever jet airliner, took to the skies for the first time on Friday. The world's second-largest economy hopes it will be an apt challenger to the Boeing 737 and Airbus A320.

The C919 was developed by the state-run Commercial Aircraft Corporation of China (Comac), a project that started in 2008.

The company said that there is a two-trillion-dollar market for the new plane, which was first unveiled in November 2016.

Comac also said that a total of 23 foreign and domestic customers have placed orders for 570 C919 planes, according to RT.

The plane can carry up to 158 passengers and has a range of 4,075 kilometers. A longer-range version can fly up to 5,555 kilometers, RT reported.

The Russian online newspaper Vzglyad, in turn, drew attention to the fact that the C919's engines were designed by the US-French joint venture CFM International.

Nevertheless, the creation of the narrow-bodied C919 jet from scratch represents China's first major step towards thwarting the global duopoly of Boeing and Airbus, according to Vzglyad.

"Currently, only Airbus and Boeing — two commercially successful aircraft families — manufacture narrow-bodied passenger planes.  Each family has airplanes with both old and new engines, which have the highest performance in terms of economic efficiency," Vzglyad quoted Russian aviation expert Oleg Panteleyev as saying.

Meanwhile, Airbus experts say that the world market demand for narrow-bodied planes will total at 24,000 by 2035, while Boeing specialists believe that the figure will amount to 28,000.

"Therefore, place for a third and fourth player formally exists [when it comes to the production of narrow-bodied planes].   The next few years may see the emergence of new airlines which can choose to use Chinese or Russian narrow-bodied aircraft," Panteleyev said, referring to Russia's MC-21, which is expected to compete with the C919.

He added that in order "to enter this monopolized market, one must have both a really high-quality product and powerful financial leverage."

"Obviously, China has such a financial mechanism because Beijing can afford to finance deals on very attractive terms. Besides, the cost of the C919 will not be very expensive," he said.

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At the same time, Panteleyev warned that China has yet "to demonstrate complete coincidence of the declared characteristics [of the C919] and to complete its certification according to local and international standards."

He said that China should focus on creating domestically-made engines and avionics if wants to become a major world aviation power.

"China will certainly not cope with these two tasks by the end of this decade, but by the end of the next decade the country will certainly resolve them. If you are persistently engaged in a project with virtually limitless resources, you will achieve the result sooner or later," Panteleyev concluded.

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