financetom
Business
financetom
/
Business
/
'Old friend, new look': China's COMAC renames regional jet to C909 in marketing push
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
'Old friend, new look': China's COMAC renames regional jet to C909 in marketing push
Nov 11, 2024 7:03 PM

ZHUHAI, China (Reuters) - Chinese planemaker COMAC has rebranded its ARJ21 regional jet as the C909, aligning the plane with the state-owned firm's naming convention for its other models as it seeks to present itself as an alternative to dominant Western planemakers.

The rebrand, which was displayed at China's biggest air show in Zhuhai on Tuesday, features C909 painted in white on a blue tail.

The C909 has also reduced weight, resistance and noise and made some improvements in flying costs compared to the previously marketed ARJ21, staff at COMAC's air show booth told Reuters.

COMAC has launched the rebrand with the English slogan "Old friend, New look", and a Chinese slogan that can be translated as "meeting an old friend for the first time". 

COMAC's ARJ21 regional jet was China's first jet engine-powered plane to reach commercial production, entering service in 2016. 

Signs of the possible new name for the ARJ21 came in mid-October when one was spotted by aviation enthusiasts at a Chinese airport with C909 painted on its blue tail.

The tail design and C909 name correspond with the green tail and white lettering of COMAC's C919 narrow-body jet that has been in service since 2023, and the red tail of its planned wide-body C929 which is under design.

The change signals Beijing's growing intention to present itself as a full-scale alternative to Airbus and Boeing ( BA ), which are both struggling to keep up with demand.

There are around 124 ARJ21s in operation, according to ch-aviation data, with various Chinese airlines and also Indonesian carrier TransNusa, COMAC's only overseas operator so far.

A sign at its air show booth said COMAC had delivered 150 of the jets to 11 customers.

Hainan Airlines, said on Monday its low-cost subsidiary Urumqi Air would order 40 ARJ21-700 jets for delivery between 2025 and 2032.

Hainan said the basic list price of each ARJ21 is $38 million but substantial discounts will be applied, a process typical for aircraft purchases. 

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Mar 22, 2024
05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Mar 22, 2024
(Reuters) - Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit ( RDDT ) in the social media platform's strong market debut on Thursday, an email from the asset manager showed. A total of 9,982 shares of the loss-making company was added to ARK Next Generation Internet ETF ( ARKW ) and ARK Fintech Innovation ETF (...
Japan's union group Rengo announces biggest wage hikes on record
Japan's union group Rengo announces biggest wage hikes on record
Mar 22, 2024
TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...
Once a beacon of stability, Vietnam to name third president in a year
Once a beacon of stability, Vietnam to name third president in a year
Mar 22, 2024
HANOI, March 22 (Reuters) - Communist-ruled Vietnam is seeking its third president in little more than a year after the resignation of Vo Van Thuong, who was only elected last year after the sudden dismissal of his predecessor. With accumulated foreign direct investment higher than its gross domestic product, Vietnam's stability is crucial to multinationals with large operations in the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved