China's push to export its homegrown passenger jets hit a milestone this week, as Vietnamese airlines signed deals to buy aircraft from state-owned aerospace manufacturer Comac. The announcement came during Chinese President Xi Jinping’s visit to Vietnam, underscoring Beijing’s efforts to expand its influence in global aviation.
Comac is being positioned as a rival to Boeing and Airbus in the narrow-body plane segment. However, questions remain over the aircraft’s ability to meet global regulatory and safety standards.
“China can be a major player — they’re just not there right now,” said Mike Boyd, President of Boyd Group International, speaking to CNBC’s Squawk Box Asia on Thursday. “The Comac aircraft simply aren’t up to international spec, and no major global airline is going to bet its future on them.”
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