Biz: China takes on Boeing and Airbus
May 15, 2008 by Praful H.B.K.
China today launched the China Commercial Aviation Corp. which going forward will challenge B & A combine in the area of commercial aircraft. And they are already doing that pretty well… the regional jet is already delayed thanks to system delivery delays from vendors. Looks like Life is going to get all the worse for the B & A of commercial aviation.
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Cheap Money and political might may not be good enough!!!
PS: I could not stop take myself from taking a dig at them…
