Airlines

China Eastern Airlines Inks $9.9 Billion Deal for 100 COMAC C919 Jets

China Eastern Airlines has committed to purchase 100 more COMAC C919 narrowbody planes. The airline is the C919’s first customer and currently operates a small number of aircraft.

Deliveries under this new arrangement will commence in 2024, with COMAC delivering five aircraft during the year. China Eastern will take another ten per year from 2025 to 2027, followed by 15 per year from 2028 to 2030. COMAC will deliver the final batch of 20 aircraft in 2031. The airline valued the new contract at about $9.9 billion at list pricing, but underlined that it had purchased the planes at a substantial discount.

China Eastern Airlines set to operate C919’s first commercial flight(Opens in a new browser tab)

The agreement comes five months after China Eastern conducted the inaugural flight of the Chinese passenger plane, which state-owned COMAC had built to compete with the single-aisle jet families of Airbus SE’s A320neo and Boeing Co’s 737 MAX.

The state-owned carrier with its headquarters in Shanghai is the C919’s first customer; it has purchased five of the aircraft, three of which have already been delivered. Later this year, the other two are anticipated to be delivered.

Airbus Inks $17B Plane Order With China(Opens in a new browser tab)

According to China Eastern, the new aircraft would expand its fleet at a time when air travel is experiencing a robust rebound after three years of COVID limitations and as the airline prepares to retire a significant portion of its narrow-body aircraft due to ageing.

Between 2020 and 2039, COMAC estimates that about 40,600 new aircraft will be delivered on the global market, with a value of roughly 5.9 trillion dollars. The company’s Chinese C919 and ARJ21 planes could deliver a total of 732 billion dollars worth of products.

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Airlines

Qantas Engineers Stage Walkout Over Cost of Living Concerns

Tensions at Qantas reached new heights as base maintenance workers in Brisbane walked out of a hangar meeting hosted by the airline’s CEO, Vanessa Hudson.

The walkout was a clear display of displeasure and aimed to send a strong message to the company’s management about the growing frustrations within the workforce. The workers, represented by the Qantas Engineers Alliance, have been pushing for wage increases that reflect the rising cost of living.

In an open display of displeasure, Qantas Base maintenance workers walked out of a hangar meet hosted by the CEO Vanessa Hudson in Brisbane, also aimed to send a message to the management.

Qantas Engineers Alliance members have been demanding decent wage increases to match with… pic.twitter.com/y9EVjc46VM— FL360aero (@fl360aero) September 14, 2024

Despite ongoing discussions, the employees feel that their concerns have been overlooked, leading to this public show of dissent. The hangar meeting, meant to foster dialogue and address employee concerns, instead became the stage for a visible demonstration of dissatisfaction as the workers exited in unison.

For some time, the engineers and maintenance staff have expressed frustration over wage stagnation amid increasing inflation and living costs. Their demand is simple: a decent and fair wage adjustment that keeps pace with economic realities. The walkout underscores the workers’ determination to stand firm on their request for better pay and fair treatment.

As Qantas navigates its recovery post-pandemic, this incident highlights the growing internal challenges the airline faces, especially concerning its workforce. The maintenance staff’s actions have put additional pressure on the company’s leadership to address the wage concerns and avoid further escalation.