Stock

‘Old friend, new look’: China’s COMAC rebrands regional jet to C909 in marketing push

ZHUHAI, China (Reuters) – Chinese planemaker COMAC has rebranded its ARJ21 regional jet as the C909, aligning the plane with the state-owned firm’s naming convention for its other models as it seeks to present itself as an alternative to dominant Western planemakers.

The rebrand, which was unveiled at China’s biggest air show in Zhuhai on Tuesday, features C909 painted in white on a blue tail.

“After careful consideration, a long gestation and asking opinions of many involved parties, we chose to use C909 as a new commercial name to build the brand,” Zhang Xiaoguang, COMAC’s marketing director, told reporters.

The C909 has also reduced weight, resistance and noise and made some improvements in flying costs compared to the previously marketed ARJ21, staff at COMAC’s air show booth told Reuters.

COMAC has launched the rebrand with the English slogan “Old friend, New look”, and a Chinese slogan that can be translated as “meeting an old friend for the first time”. 

COMAC’s ARJ21 regional jet was China’s first jet engine-powered plane to reach commercial production, entering service in 2016. 

Signs of the possible new name for the ARJ21 came in mid-October when one was spotted by aviation enthusiasts at a Chinese airport with C909 painted on its blue tail.

The tail design and C909 name correspond with the green tail and white lettering of COMAC’s C919 narrow-body jet that has been in service since 2023, and the red tail of its planned wide-body C929 which is under design.

The change signals Beijing’s growing intention to present itself as a full-scale alternative to Airbus and Boeing (NYSE:BA), which are both struggling to keep up with demand.

There are around 124 ARJ21s in operation, according to ch-aviation data, with various Chinese airlines and also Indonesian carrier TransNusa, COMAC’s only overseas operator so far.

A sign at its air show booth said COMAC had delivered 150 of the jets to 11 customers.

Hainan Airlines, said on Monday its low-cost subsidiary Urumqi Air would order 40 ARJ21-700 jets for delivery between 2025 and 2032.

Hainan said the basic list price of each ARJ21 is $38 million but substantial discounts will be applied, a process typical for aircraft purchases. 

This post appeared first on investing.com

You May Also Like

Editor's Pick

Sen. JD Vance (R-Ohio) and Minnesota Gov. Tim Walz (D) will face off Tuesday night at a CBS News vice-presidential debate in New York....

Economy

A U.N. human rights group confirmed Hamas’ leader in Lebanon, who was recently killed by Israeli strikes, was their employee.  Fateh Sherif was killed...

Latest News

A North Korean defector who escaped to the South more than a decade ago was detained after attempting to cross back into North Korea...

Investing

Astron (ASX:ATR) and Energy Fuels (TSX:EFR,NYSEAMERICAN:UUUU) have completed the establishment of a joint venture to advance the Australia-based Donald rare earths and mineral sands...

Disclaimer: balanceandcharge.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 balanceandcharge.com

Exit mobile version