CHARLESTON, South Carolina : Boeing Co CEO Dave Calhoun downplayed speculation that China's maiden commercial flight of its domestically produced C919 narrowbody jet could foreshadow the end of the duopoly currently held by the U.S. planemaker and its European rival Airbus SE.On Sunday, China Eastern Airl
CHARLESTON, South Carolina : Boeing Co CEO Dave Calhoun downplayed speculation that China's maiden commercial flight of its domestically produced C919 narrowbody jet could foreshadow the end of the duopoly currently held by the U.S. planemaker and its European rival Airbus SE.
“Three providers in a growing global market of this size and scale should not be the most intimidating thought in the world,” Calhoun told reporters this week. “For us to get overly anxious about that, I think it's a silly prospect.” In April, the Chinese aviation regulator published a report on the 737, which was hailed by Calhoun at the time as an"important step" for restarting MAX deliveries after two crashes in 2018 and 2019 that killed a total of 346 people.
As Airbus ponders whether to launch a stretched version of its A220 – a move that would challenge Boeing’s bestselling 737 MAX 8 - Calhoun replied: “That does not give me heartburn.”
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Daimler CEO: Toyota truck deal will make us less dependent on Chinese marketHAMBURG : A deal between Daimler Truck and Toyota Motor Corp to combine their truck units in Japan will give the German group a more 'balanced' market position in Asia and reduce its reliance on China, Daimler Truck's CEO said on Tuesday. During a conference call, Martin Daum initially said the tie-up wou
Read more »
Chinese netizens angry at Blackpink for calling their Macau fans ‘Macanese’ instead of ‘Chinese’“Would it kill them to type ‘Chinese’?” fumed one netizen.
Read more »
Chinese tech entrepreneurs keen to 'de-China' as tensions with US soarSHENZHEN, China : For the ambitious Chinese tech entrepreneur, expanding into the U.S. just keeps getting harder.Before 2019, there were few major impediments to having a Chinese company that did business in the U.S. from China. But amid escalating U.S.-Sino trade tensions, particularly after Washington s
Read more »
CEO of America’s biggest bank says US, China need ‘real engagement’ to resolve issues“Let’s not try to decouple. Let’s not try to hurt China, the Chinese people,” he said. Read more at straitstimes.com.
Read more »
China will closely follow EU talks on more Russia sanctions, defend rights of Chinese firmsBEIJING : China will closely follow the progress of European Union discussions on an 11th tranche of sanctions against Russia that could result in restrictions in trade with China, Shu Jueting, a commerce ministry spokesperson, said on Thursday in Beijing.The EU's executive European Commission for the fir
Read more »
China says it will monitor EU talks on Russia sanctions, defend Chinese firmsBEIJING :China will closely follow the progress of European Union discussions on an 11th tranche of sanctions against Russia that could result in trade restrictions with China, Shu Jueting, a commerce ministry spokesperson, said on Thursday.The EU's executive European Commission for the first time has propose
Read more »