Airbus CEO Guillaume Faury indicated that China's Comac could challenge the existing duopoly of Airbus and Boeing by ramping up production of its C919 jet, which competes directly with the A320 family and 737 Max jets. He emphasized Comac's beneficial access to the Chinese market, which represents a significant portion of global demand. While Comac has ambitions for international sales, they face challenges such as certification and production ramp-up. Faury's acknowledgment of Comac suggests a serious recognition of emerging competition in the aerospace sector.
"Other aircraft manufacturers have tried to enter into this very competitive space in the past from other countries, not necessarily successfully, but I believe Comac is more likely to succeed."
"They have to do a certain ramp-up first - in the current supply environment, ramp-up is not an easy task - but we take them seriously."
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