(Yicai Global) Nov. 9 -- The Commercial Aircraft Corporation of China has received orders for a total of 330 aircraft from seven leasing companies at the China International Aviation and Aerospace Exhibition.

COMAC yesterday agreed at the exhibition, also known as Zhuhai Airshow, to deliver 50 C919 jets to each China Development Bank Financial Leasing, ICBC Leasing, CCB Financial Leasing, Bank of Communications Financial Leasing, and CMB Financial Leasing. SPDB Financial Leasing and Jiangsu Financial Leasing ordered 30 and 20 of such airplanes, respectively.

Three of the above leasing firms also agreed to buy 30 ARJ21 airplanes for overseas operation from COMAC, a Yicai Global reporter learned. 

The C919 is China's first self-produced large passenger aircraft, and the ARJ21 is the country's first new turbofan regional plane, both developed in accordance with international civil aviation regulations and with independent intellectual property rights. 

The C919 has a range of up to 5,555 kilometers and as many as 168 seats. The ARJ21, which comes in basic, cargo, and business models and is mainly used in radial routes, has a range of 2,225 km to 3,700 km and between 78 seats and 90 seats.

These C919 orders are expected to accelerate the delivery pace of the China-made model. 

Many Chinese airlines have already received about 100 domestically-made ARJ21 aircraft. The first foreign order of ARJ21s will be delivered to Indonesia's regional airline TransNusa Aviation Mandiri, in which China Aircraft Leasing holds a 35.7 percent stake, allowing it to start overseas commercial operations.

The Chinese aviation market will receive 9,284 jets by 2041, including 958 regional passenger ones, 6,288 single-aisle passenger aircraft, and 2,038 dual-aisle passenger airplanes, according to COMAC's Market Forecast Annual Report released yesterday during the China International Aviation and Aerospace Exhibition held in the southern Chinese city of Zhuhai.

By 2041, China's fleet will exceed 10,000 aircraft, accounting for 21 percent of the global total, making it the world's largest aviation market.

Editor: Martin Kadiev