Commercial Aircraft Corporation of China
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Commercial Aircraft Corporation of China Ltd. | |
---|---|
Type | Public, Government-owned corporation |
Founded | Shanghai, China (May 11, 2008) |
Headquarters | Shanghai, China |
Key people | Zhang Qingwei, Chairman of the Board Jin Zhuanglong, General manager |
Industry | Aerospace |
Products | Commercial airliners |
Commercial Aircraft Corporation of China Ltd. (CACC, or China Commercial Aircraft, in Chinese: 中国商用飞机有限责任公司) is a Chinese aerospace manufacturer established on May 11, 2008 in Shanghai, China[1][2].
The company has a registered capital of RMB 19 billion (USD 2.7 billion as of May 2008). Shareholders include the Chinese central government, the municipal government of Shanghai, AVIC I and AVIC II. This Chinese government-owned corporation will specifically try to design and attempt to build large passenger aircraft with the capacity of over 150 passengers,the Future chinese big plane to reduce the country's dependency on Boeing and Airbus, which currently dominate the market[3].
The first jet to be marketed is the ARJ21, developed by AVIC I[4].
[edit] References
- ^ China's jumbo passenger aircraft company established in Shanghai Xinhua, 2008-05-11
- ^ Chinese plane business gets wingsBBC, 2008-05-11
- ^ China establishes company to make its own jumbo jetsAP, 2008-05-11
- ^ China to challenge leading jumbo makersAP via CNN,2008-05-11