4 Apr 2017 09:26

UAC, Comac establish JV to develop wide-body airliner

MOSCOW. April 4 (Interfax) - The United Aircraft Corporation (UAC) and Commercial Aircraft Corporation of China (Comac) founded a joint venture for the development, manufacture, sale and post-sale servicing of a wide-body, long-range jet in March 2017, the Russian company said in a report.

The 50-50 joint venture is called China-Russia Commercial Aircraft International Corporation Ltd (CRCAIC) and is registered in the Shanghai free trade zone.