COMAC and UAC establish wide-body jet joint venture CRAIC

Commercial Aircraft Corporation of China (COMAC) and Russia's United Aircraft Corp (UAC) formally registered a joint venture, China-Russia Commercial Aircraft International Corporation Ltd. (CRAIC), to develop and build a wide-body commercial aircraft. The venture will have a research centre in Moscow and assembly line in Shanghai, targeting maiden flight and first delivery in 2025-2028.

“China and Russia on Monday completed the formal registration of a joint venture to build a wide-body jet”ft.lk

• 1 source
• ft.lkChina, Russia set up wide-body jet firm in new challenge to Boeing, Airbus | Daily FTJun 5, 2017

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