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A Chinese aircraft maker lands its first deal to sell passenger jets to an American company READY FOR ACTION: The J-10 fighter, a domestically manufactured jet used by China’s Air Force, is on display at the Seventh China International Aviation and Aerospace Exhibition I n 2005, China’s former Minister of Commerce Bo Xilai estimated that the country needed to sell 800 million shirts to import an Airbus 380 passenger jet. But now, Chinese aircraft makers are selling passenger jets to Western countries, including the United States, for the first time. On November 4, the first day of the Seventh China International Aviation and Aerospace Exhibition, the Commercial Aircraft Corp. of China Ltd. (COMAC) signed a 5-billion-yuan contract to sell 25 ARJ21-700 feeder jets with a value of $732.4 million to GE Commercial Aviation Services (GECAS).
A Chinese aircraft maker lands its first deal to sell passenger jets to an American company READY FOR ACTION: The J-10 fighter, a domestically manufactured jet used by China’s Air Force, is on display at the Seventh China International Aviation and Aerospace Exhibition I n 2005, China’s former Minister of Commerce Bo Xilai estimated that the country needed to sell 800 million shirts to import an Airbus 380 passenger jet. But now, Chinese aircraft makers are selling passenger jets to Western countries, including the United States, for the first time . On November 4, the first day of the Seventh China International Aviation and Aerospace Exhibition, the Commercial Aircraft Corp. of China Ltd. (COMAC) signed a 5-billion-yuan contract to sell 25 ARJ21-700 feeder jets with a value of $732.4 million to GE Commercial Aviation Services (GECAS).