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China Unveils 1st Passenger Jet

Posted Dec 21, 07 12:43 PM CST in World,  Business 

(Newser) – China unveiled its first passenger jet today, the first step in its goal to become a major player in the global aviation industry, Bloomberg reports. The ARJ21, which seats up to 90, will make its maiden voyage in March, and the first planes will be ready for customers in 2009. Beijing hopes to meet soaring domestic demand and someday compete with the likes of Airbus and Boeing.

"It'll be a hard sell,'' said an analyst. "The Chinese are trying to break into the market and, to a degree, reinventing the wheel." To overcome its reputation for building shoddy planes, China has recently been investing heavily in its aerospace industry. A Chinese-made jumbo jet is on the drawing board for 2020.

Source Bloomberg

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Chinese visitors pose for photo with a model of the ARJ21 jet - the Advanced Regional Jet for the 21st century.   (Getty Images (by Event))
An assistant stands near a scale model of a Chinese-made jet ARJ21 at International Aerospace Technology and Equipment Exhibition Thursday July 5, 2007 in Shanghai, China. The ARJ-21 is part of China's...   (Associated Press)
Visitors look at a model of a China-made ARJ21 jet plane on display at the China International Industry Fair Wednesday Nov. 7, 2007, in Shanghai, China. (AP Photo/Eugene Hoshiko)   (Associated Press)
China's ARJ21-700 regional jet "Xiang Feng" (Flying Phoenix) is unveiled during a ceremony at the Shanghai Aircraft Manufacturing Factory in Shanghai, China Friday, Dec. 21, 2007. China's first fully...   (Associated Press)
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