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Message: how much is this deal potentially worth to SNA?

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Re: Aviation in China worth $$$$$$$$$$$

posted on Nov 13, 08 04:21AM

The Commercial Aircraft Corporation of China (CACC) was expected to announce that it had sold 25 jets to an American company, state-press reports said, GE from the US. If confirmed, it would be a landmark deal.
The Guangzhou Daily said the company that has designed China’s first homemade jet, the ARJ21 -- Advanced Regional Jet for the 21st Century -- would announce a 735-million-dollar contract.
The potential contract for the ARJ21, which carries between 70 and 110 passengers, would come despite the fact the plane has not yet made its maiden voyage.
The CACC, which was only launched in May, has said it is aiming to eventually take on Airbus and Boeing, although the firm’s president said that would take at least 20 years.

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