China poses a threat to Boeing and Airbus

New aircraft design could break the aircraft duopoly
Boeing's sales forecast could be hit by Chinese plane-maker's new design
Boeing's sales forecast could be hit by Chinese plane-maker's new design

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China’s state-owned AVIC has unveiled its new C919 narrow-body design, which could mark an end to the large commercial aircraft duopoly enjoyed by Airbus and Boeing, said the Centre for Asia Pacific Aviation (CAPA).
The 190-seat aircraft is expected to be in service by 2016, mostly with domestic customers.
According to CAPA, Boeing expects Chinese carriers will order around 2600 new single-aisle aircraft in the next 20 years, potentially a US$200 billion.

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