China plans to launch ARJ21 jet by 2006

Airline Industry Information, Sept 30, 2002

AIRLINE INDUSTRY INFORMATION-(C)1997-2002 M2 COMMUNICATIONS LTD

China has established a commercial venture to manufacture medium-range jet aircraft.

The new venture is to be called AVIC I Commercial Aircraft Ltd and it will produce aircraft destined for use on regional routes within China and in other parts of Asia, Africa and South America. The first aircraft, to be called ARJ21, will have 60 to 90 seats and is planned to be launched by 2006.

The State Council, or Cabinet, has approved a CNY5bn investment in the project and the venture will be based in the northern city of Xi'an, The Associated Press reported.

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