25-Mar-2011 8:39 AM

COMAC and Bombardier sign strategic agreement

Commercial Aircraft Corporation of China (COMAC) and Bombardier signed (24-Mar-2011) a framework agreement to establish a long-term strategic cooperation on commercial aircraft. The collaboration will "leverage the synergies and strengths of both companies to develop mutually beneficial projects", exploring working together in their marketing, customer relationship and customer support strategies to help each other increase overall market share. The companies will evaluate possibilities for cooperation with regards to C919/CSeries aircraft programme commonalities, joint procurement as well as collaboration on future Bombardier and COMAC product lines. [more]

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