Chinese Aircraft Maker Comac Gets Bids for Wide-Body Engines

Photo of Paul Ausick
By Paul Ausick Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Chinese Aircraft Maker Comac Gets Bids for Wide-Body Engines

© AINonline

Commercial Aircraft Corporation of China (Comac) is a homegrown Chinese airplane builder that recently began test flights on its new C919 single-aisle passenger jet. The company has joined up with Russian firm United Aircraft Corporation to design and build another passenger jet, the CR929, a dual-aisle, wide-body plane that, unlike the C919, is intended to be a new design from the ground up.

According to a Wednesday report from Reuters, the China-Russia partnership has now received bids from seven aircraft engine makers to provide the engines for the CR929. That number seems to be a little high.

First, the usual suspects: General Electric Co. (NYSE: GE); the Pratt & Whitney division of United Technologies Corp. (NYSE: UTX); and Britain’s Rolls-Royce. Airline industry journalist Jon Ostrower adds Russia’s Aviadvigatel and China’s own ACAE. But that’s only five.

A couple of others that might be on the bidder list are Engine Alliance, a joint venture of General Electric and Pratt & Whitney, and French aircraft engine maker Snecma. One more outside possibility is CFM International, a joint venture between GE and Snecma’s parent company Safran.

[nativounit]

According to Reuters, Comac and its Russian partner will create a team to analyze the proposals with a goal of completing an evaluation by the end of this year.

There are a few political hurdles here, as well as the usual assortment of technical ones. China will want the engines to be designed and built in the country and almost certainly will demand a transfer of the technology in exchange for the contract. This sort of arrangement has worked well with automakers and consumer electronic products, but giving away the design of a state-of-the-art aircraft engine that will take years and billions of dollars to build is likely to raise concerns with all but the Russian and Chinese governments.

At one time the CR929 was once expected to use engines from GE or Rolls-Royce, but China has since announced its intention to design and build its own engines and has consolidated several state-owned entities into a single company, Aero Engine Corp. of China (AECC), to do the work. The government announced last September that a domestically built engine is expected for the C919 but gave no estimated delivery date.

The larger CR929 remains a long way from entry into service. Preliminary design work is expected to be approved next year and design documentation is due in 2021, with the first test flight coming in 2023 and entry into service in 2026.

[recirclink id=467110]

[wallst_email_signup]

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618