Chinese planemaker COMAC is eyeing Saudi Arabia as a launch pad for its international ambitions, as the state-owned company steps up efforts to sell overseas and break into a passenger jet market dominated by Western manufacturers.
Chairman Dongfeng He visited Saudi Arabia for the first time recently, having welcomed a Saudi delegation to the company’s Shanghai facilities in February, amid warming ties between the two major economies.
“COMAC envisions enhancing global connectivity and diversity by contributing to Saudi Arabia’s aviation transportation development,” He told an aviation conference in Riyadh. Aviation industry sources, however, caution that COMAC is a long way from making inroads internationally, especially without benchmark certifications from the United States or European Union, or more efficient planes.
COMAC’s planes fly almost exclusively within China and with one Indonesian airline, and the company, founded in 2008, is looking for international customers. It recently showcased its planes around Southeast Asia, and is pursuing certification with Europe’s aviation regulator for its C919 narrow-body jet.
During He’s visit, Saudia Group, owner of Saudia airline and budget carrier flyadeal, said it invited COMAC to set up an assembly line in Jeddah, confirming local media reports. Saudia is also reportedly talking to COMAC to better understand the C919 jet, but no decisions have been made.
Saudi Arabia is throwing billions of dollars at its Vision 2030 plan to diversify its economy away from fossil fuels and develop a vibrant private sector. The plan includes a massive expansion in aviation, with new airlines, jet orders and plans for a huge international airport as it takes on its regional rival and current Gulf travel hub, the UAE.
