A new Joint Venture (JV) has been created between China and Russia.
The agreement created by manufacturers from both countries aims to build a new 280-seat widebody aircraft.
Based in Shanghai, is a JV between Commercial Aircraft Corporation of China (COMAC) and Russia’s United Aircraft Corporation (UAC) will be knows as China-Russia Commercial Aircraft International Co (CRAIC).
The aircraft will have a range of 12.000 km, entering this way in the long haul flights market, currently led by Boeing and Airbus.
Airplanes are in the stage of preliminary design and would be in service in a decade. The final assembly phase, will take place in the city of Shanghai.
The news comes after the first flight earlier this month of the COMAC C919, the first aircraft independently developed by China.