• Russian-Chinese competitor to Airbus and Boeing will start to gather in Shanghai

  • Russian-Chinese widebody long-haul aircraft will be assembled in Shanghai. This was told the results of the working visit to China the Minister of industry and trade of Russia Denis Manturov, reports TASS.

    "We chose the final Assembly site is Shanghai. This is one of the major high-tech investments, which we pursue with the Chinese colleagues", — he said.

    Manturov noted that at an air show in China Zhuhai November 2, were launched the next phase of the aircraft, reports RIA Novosti.

    According to Xinhua, citing a statement of the Corporation of civil aircraft of China (Comac), is currently under way to obtain permits and registration of the joint venture. Officially it may commence work before the end of 2016, says the Agency.

    The Memorandum on the establishment of wide-body long-haul aircraft was signed in the spring of 2014. The plans of Russia and China intend to implement to 2025-2027 years.

    It is assumed that the airliner with a capacity of 250-300 passengers will compete with the leading aircraft manufacturers — Airbus and Boeing. The parties expect that it will take significant market share not only in Russia and China but also in other countries.

    In Shanghai are located the headquarters and Assembly site of Comac.

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