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Upstart Chinese planemaker Comac is in talks with Saudi Arabia as it seeks to disrupt the Boeing-Airbus duopoly
Comac's chair visited Saudi Arabia, per Reuters, as it looks to expand and set the cat among the pigeons with Airbus and Boeing.
Now, it looks like China is eyeing Saudi Arabia as the place to expand its market share and start competing with the two big Western planemakers. The Saudia deal appeared as a snub to Boeing, given that the US planemaker had previously won a big order from Riyadh Air — another state-owned airline set to launch in 2025. Earlier this month, the Brazilian planemaker Embraer denied The Wall Street Journal's report that it was working on a new narrowbody jet — capitalizing on Boeing's woes.
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