Commercial Aircraft Corporation of China (COMAC) and United Aircraft Corporation of Russia (UAC) have held an establishment ceremony for the Long Range WideBody Commercial Aircraft Program joint venture, named China-Russia Commercial Aircraft International (CRAIC), on May 22nd, 2017. The main responsibility of CRAIC is to develop a new generation long range wide body commercial aircraft and take charge of its commercial operation. Under the depth development of China-Russia comprehensive strategic cooperative partnership, the long-range wide body commercial aircraft is a major strategic and pragmatic cooperation between Chinese and Russian enterprises in the field of high-tech development. On June 25, 2016, under the testimony of President Xi Jinping and President Putin, COMAC and UAC have signed a joint venture contract. At present, the two companies have completed the industrial and commercial registration process with a business license. The name of this joint venture is China-Russia Commercial Aircraft International (CRAIC), based in Shanghai.
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Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada