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    AIR   NL0000235190

AIRBUS SE

(AIR)
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Real-time Euronext Paris  -  11:35 2022-10-06 am EDT
93.14 EUR   -0.22%
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China seeks industry feedback on homegrown C919 jet as certification nears

08/09/2022 | 05:19am EDT
FILE PHOTO: A model of a C919 airliner by Commercial Aircraft Corp of China (COMAC) is displayed at China Beijing International High-tech Expo in Beijing

BEIJING/SYDNEY (Reuters) - China's aviation regulator is seeking industry feedback on special conditions for the homegrown C919 aircraft, it said on Tuesday, in a sign that certification of the narrowbody jet designed to rival Airbus and Boeing is edging closer.

In dozens of technical documents, the Civil Aviation Administration of China (CAAC) set out special conditions for the C919 in areas like flight envelope protection and flight operations under icing conditions, according to a statement on its website.

Special conditions are additional airworthiness standards prescribed by the regulator when current regulations do not contain adequate or appropriate safety standards due to novel or unusual design features.

Aviation regulators in the United States and Europe also regularly issue such conditions on new Boeing and Airbus jets as part of the certification process.

The CAAC has invited public comment on the C919 special conditions over the next 15 working days.

State-owned manufacturer Commercial Aircraft Corp of China (COMAC) said last month that the six of its test planes had finished flight testing as the C919 programme enters the final stage of receiving a certificate from CAAC that is required for commercial operations.

(Reporting by Stella Qiu in Beijing and Jamie Freed in Sydney; Editing by David Holmes)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
AIRBUS SE -0.22% 93.14 Real-time Quote.-16.92%
THE BOEING COMPANY -0.24% 131.7 Delayed Quote.-33.68%
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Financials
Sales 2022 59 161 M 58 327 M 58 327 M
Net income 2022 3 913 M 3 858 M 3 858 M
Net cash 2022 7 555 M 7 448 M 7 448 M
P/E ratio 2022 18,5x
Yield 2022 1,92%
Capitalization 73 512 M 72 248 M 72 476 M
EV / Sales 2022 1,11x
EV / Sales 2023 0,90x
Nbr of Employees 128 873
Free-Float 74,0%
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Number of Analysts 18
Last Close Price 93,35 €
Average target price 143,75 €
Spread / Average Target 54,0%
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Managers and Directors
Guillaume Faury Chief Executive Officer & Director
Dominik Asam Chief Financial Officer
René Richard Obermann Chairman
Sabine Klauke Chief Technical Officer
Alberto Jose Gutierrez Moreno Chief Operating Officer
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