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China eyes greater global market share in airline industry

(Agencies)
Updated: 2008-11-03 22:07

Aircraft personnel work on an L-15 Falcon advanced jet trainer, developed by Nanchang-based Hongdu Aviation Industry Group (HAIG), before the opening of the 7th China International Aviation & Aerospace Exhibition, or Airshow China 2008, in the southern Chinese city of Zhuhai November 3, 2008. About 600 exhibitors with more than 60 aircraft, representing 35 countries and regions, have registered to take part in the show. [Agencies]

The Chinese airline industry is hoping to sign some profitable deals at Tuesday's 7th China International Aviation and Aerospace Exhibition.

Jin Zhuanglong, general manager of the newly-founded Commercial Aircraft Corporation of China (COMAC), said on Monday that he wished to sell short-haul passenger planes, ARJ21, to overseas clients at the forthcoming air show.

"One of our goals is to serialize and mass produce ARJ21 products for further growth," said Jin. "We will do our best to expand business overseas,break into the international market for the first time and occupy a certain proportion of the global market share as early as possible."

Li Yuhai, deputy general manager of China Aviation Industry Corporation (AVIC), also expressed his conglomerate's determination to explore overseas markets and turn China-made planes into brand names.

AVIC was reorganized in October. The country's two aviation industry conglomerates, AVIC-I (China Aviation Industry Corporation I) and AVIC-II (China Aviation Industry Corporation II) were merged in an effort to make a bigger impact internationally.

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