China's Home-Grown C919 Completes First Commercial Flight

China's first domestically produced passenger jet C919 flies during its first commercial flight from Shanghai to Beijing, in Shanghai on May 28, 2023. (AFP)
China's first domestically produced passenger jet C919 flies during its first commercial flight from Shanghai to Beijing, in Shanghai on May 28, 2023. (AFP)
TT

China's Home-Grown C919 Completes First Commercial Flight

China's first domestically produced passenger jet C919 flies during its first commercial flight from Shanghai to Beijing, in Shanghai on May 28, 2023. (AFP)
China's first domestically produced passenger jet C919 flies during its first commercial flight from Shanghai to Beijing, in Shanghai on May 28, 2023. (AFP)

China Eastern Airlines Corp Ltd entered China's home-grown narrow-body C919 jet into passenger service on Sunday and completed its first commercial flight, marking a milestone in the country's effort to become more self-reliant.

The C919 is the product of state-backed Commercial Aviation Corp of China (COMAC) which began developing the jet 15 years ago to rival Airbus SE's A320neo and Boeing Co's 737 MAX single-aisle jet families.

President Xi Jinping has hailed the project as a triumph of Chinese innovation, while on Sunday state media trumpeted the plane as a symbol of industrial prowess and national pride.

"After generations of endeavor, we finally broke the West's aviation monopoly and rid ourselves of the humiliation of '800 million shirts for one Boeing'," Beijing Daily wrote, referring to the early years of economic reform around 40 years ago when China manufactured mainly low-value goods.

The C919 took off at 10:32 a.m. (0232 GMT) from Shanghai Hongqiao International Airport where COMAC and China Eastern Airlines are headquartered, and landed two hours later at Beijing Capital Airport, showed flight tracker app Variflight.

"I'm confident about the plane. The flight was smoother than expected," one of about 130 passengers told state broadcaster CCTV as he disembarked.

The plane is scheduled to return to Shanghai on Sunday, then make a longer two-way flight to the southwestern city of Chengdu on Monday.

Lv Boyuan, a 21-year-old student and aviation enthusiast, was at Shanghai's airport on Sunday to fly to Chengdu from where he planned to return on the C919 the following day.

"I've been really looking forward to its flight, especially because it's a new-generation aircraft, unlike Boeing and Airbus equivalents which have been around for a number of years now," said Lv.

The C919 made its first flight in 2017 after years of delays and has undergone numerous test flights since.

State-backed China Eastern Airlines ordered five of the jets in March 2021. It took delivery of the first in December and has said it expects to receive the remainder this year.

In total, COMAC had won 1,035 orders from 32 customers as at 2022-end. A company official has since told media the figure exceeds 1,200.

The planemaker expects annual production to reach 150 C919 jets within five years, domestic media reported in January.

Though assembled in China, the C919 relies heavily on Western components, including engines and avionics, from firms including General Electric Co, Safran SA and Honeywell International Inc.

Li Hanming, an independent expert on Chinese aviation, said most C919 orders were letters of intent from domestic customers. Its few foreign customers include lessor GE Capital Aviation Services Ltd.

"For the C919, the domestic market is big enough," Li said.

The international market is questionable given that neither European nor US regulators have certificated the aircraft, said Greg Waldron, Asia managing editor of industry publication FlightGlobal.

"Until this happens, key international markets will be closed to the C919," he said.

The C919's predecessor, the ARJ21, is a short-haul 90-seat aircraft that entered commercial operation in 2016 and is flown by major Chinese airlines as well as Indonesia's TransNusa.

The ARJ21's use in Indonesia indicates the C919's international future lies mainly in the developing world, Waldron said.

COMAC is also developing a CR929 wide-body jet in collaboration with Russia.



UK Inflation Slows to 2.8% in April

Britain's Chancellor of the Exchequer Rachel Reeves arrives at Downing Street in London , Britain, 13 May 2026. EPA/NEIL HALL
Britain's Chancellor of the Exchequer Rachel Reeves arrives at Downing Street in London , Britain, 13 May 2026. EPA/NEIL HALL
TT

UK Inflation Slows to 2.8% in April

Britain's Chancellor of the Exchequer Rachel Reeves arrives at Downing Street in London , Britain, 13 May 2026. EPA/NEIL HALL
Britain's Chancellor of the Exchequer Rachel Reeves arrives at Downing Street in London , Britain, 13 May 2026. EPA/NEIL HALL

British consumer price inflation slowed to 2.8% in April from 3.3% in March, according to official figures published on Wednesday.

Economists polled by Reuters had mostly expected inflation to soften to 3.0%, in large part due to the big increases in utility and other regulated prices in April last year falling out of the annual comparison.

Before the US-Israeli war on Iran began on February 28, the Bank of England said inflation in Britain - the highest among the Group of Seven economies for much of the last four years - was likely to be close ⁠to its 2% ⁠target in April.

But the energy price shock from the war prompted the BoE to increase sharply its inflation forecasts which, it says, could hit 6.2% early next year under its most inflationary scenario.

British finance minister Rachel Reeves is expected to announce on Thursday more measures to help ⁠reduce the cost of living, including a possible cancellation of a fuel duty increase which is due to come into effect in September.

The finance ministry is also pressing supermarket chains to introduce voluntary price caps on key food products in return for easing some regulations, two people with knowledge of the situation said on Tuesday.

The key question for the BoE's interest rate-setters is whether the expected rise in headline inflation creates longer-term price pressures in the economy.

Several have said the ⁠weak ⁠jobs market could make it harder for workers to demand higher pay and for businesses to pass on higher costs.

Preliminary data from the tax office published on Tuesday showed a sharp fall in people in payrolled employment and weaker pay growth. Wage settlement figures published earlier on Wednesday pointed to a slowdown in pay growth too.

Financial markets on Tuesday were betting on two quarter-point interest rate rises by the BoE this year, with a chance of a third. A Reuters poll of economists published last week showed most expected no change in rates in 2026.


Union Calls Strike at South Korea Chip Giant Samsung Electronics

Union Calls Strike at South Korea Chip Giant Samsung Electronics
TT

Union Calls Strike at South Korea Chip Giant Samsung Electronics

Union Calls Strike at South Korea Chip Giant Samsung Electronics

A planned strike at South Korean chip giant Samsung Electronics will go ahead from Thursday, its union said, after talks on bonus payouts collapsed, raising concerns over a disruption to the country's key semiconductor industry.

The walkout, set to begin Thursday, is expected to dwarf a 2024 strike that drew about 6,000 workers at the world's top memory chipmaker.

The dispute centers on profit-sharing at a key player in the global semiconductor supply chain, with its chips widely used in artificial intelligence systems and consumer electronics.

The tech giant's shares have surged nearly 400 percent over the past year on the back of an AI boom, and saw its market capitalization top $1 trillion for the first time in May.

The union had called for the scrapping of a bonus cap set at 50 percent of annual salaries and for 15 percent of operating profit to be allocated to bonuses.

"Around 10:00 pm on May 19, the labor union agreed to the mediation proposal put forward by the National Labor Relations Commission; however, management expressed its refusal," it said in a statement on Wednesday.

"The labor union will lawfully commence a general strike tomorrow as scheduled."

According to the union's lawyer, around 50,500 workers are set to walk off production lines for 18 days from Thursday following the breakdown of negotiations with management.

Samsung's management said the talks failed because "acceding to the labor union's excessive demands would risk undermining the fundamental principles of the company's management".

"Under no circumstances should a strike take place," it said.

Concerns are growing within the South Korean government that a prolonged union strike could hurt the export-driven economy, with chips making up about 35 percent of exports.

South Korea's presidential office voiced "deep regret" over the collapse of the talks, urging both sides to keep working toward an agreement given the strike's "potential repercussions for the Korean economy".

Some experts say even a partial halt in Samsung's operations could prove damaging -- though the union argues that production stoppages have already occurred in the past for reasons related to maintenance and equipment inspections.

The government could invoke emergency mediation powers -- a measure that could halt strikes or other industrial action and trigger mediation if they are deemed a threat to the national economy.

But Tom Hsu, an analyst at Taipei-based research firm TrendForce, said the strike's potential impact may be limited.

"Due to the high level of automation in front-end facilities, TrendForce expects Samsung's DRAM and NAND Flash production to remain at full capacity," he told AFP.

"Any potential impact from the strike is likely to be confined to non-memory business segments."

A Suwon court this week granted Samsung Electronics an injunction requiring staffing and operations to be maintained at normal levels during any walkout.

Kim Sung-hee, director of Workers' Institute for the Industrial and Labor Policy, said that while the strike could cause losses, "they are unlikely to be irreversible".

The strike does not mean it would "automatically trigger an economic crisis," he told AFP.

Samsung is a major producer of chips used in everything from artificial intelligence to consumer electronics, raising the prospect that the planned strike could cause severe disruption and losses.

The company said this year it had begun mass production of next-generation high-bandwidth memory chips, HBM4, seen as a key component for scaling up the vast data centers needed for AI development.

The dispute unfolds against the backdrop of an AI boom that is benefiting South Korean tech groups, boosting national growth and the stock market.

Both Samsung and its domestic rival SK hynix posted record profits in the first quarter, driven by global demand for AI chips.

Long staunchly anti-union, late founder Lee Byung-chul once vowed never to allow unions "until I have dirt over my eyes".

Samsung Electronics' first labor union was formed in the late 2010s.


Boeing Dreamliner to Fly Riyadh Air's First Passengers in July

A Riyadh Air aircraft flies over the Saudi capital, Riyadh (Public Investment Fund)
A Riyadh Air aircraft flies over the Saudi capital, Riyadh (Public Investment Fund)
TT

Boeing Dreamliner to Fly Riyadh Air's First Passengers in July

A Riyadh Air aircraft flies over the Saudi capital, Riyadh (Public Investment Fund)
A Riyadh Air aircraft flies over the Saudi capital, Riyadh (Public Investment Fund)

Riyadh Air, Saudi Arabia’s new national carrier wholly owned by the Public Investment Fund, is moving onto the global aviation stage through London, with an ambition that goes beyond conventional air travel.

The carrier, which reflects the Kingdom’s view of aviation as a strategic industry and economic driver, said it would open tickets to the public for direct flights between King Khalid International Airport and Heathrow Airport on its new Boeing 787-9 Dreamliner fleet from July 1, 2026.

The move is part of plans to connect Saudi Arabia to more than 100 destinations by 2030.

It follows the airline’s launch last year of its first daily flights to Heathrow, when tickets were initially available to selected groups of passengers and Riyadh Air employees under an operational program designed to ensure full readiness before the carrier receives its first aircraft from Boeing.

The program also allowed the airline to use its newly allocated operating slots at Heathrow.

Riyadh Air said bookings would open from Tuesday through its website, official app and approved travel service providers.

Travel classes

Chief Executive Tony Douglas said the launch of flights on the new aircraft marked a “milestone” for Riyadh Air and reflected its vision to redefine air travel and connect Riyadh to the world through comfort, innovation and Saudi hospitality.

The airline said its Boeing 787-9 Dreamliner aircraft would feature four travel classes, Business Elite, Business, Premium Economy and Economy. The two business cabins will include seats that convert into fully flat beds.

Passengers will also have access to advanced entertainment systems through Panasonic Avionics’ Astrova platform, with 4K screens, Bluetooth connectivity and a library of more than 500 films and 600 television series.

Riyadh Air said its hospitality offering would include products from Kayanee, children’s kits in cooperation with Disney, varied menus and bedding from John Horsfall.

The airline also announced the launch of Sfeer, its loyalty program, offering benefits including a “best offer guarantee,” no expiry of points, free in-flight internet and exclusive privileges for founding members.

Aviation specialists said opening ticket sales to passengers marks a new phase for Saudi Arabia’s aviation sector.

The government has set a national strategy to turn the Kingdom into a global aviation logistics hub by doubling capacity to 330 million passengers, linking it to 250 international destinations and raising air cargo capacity to 4.5 million tons by 2030.

Tourism and business traffic

Tourism media expert Mohammed al-Abdulkarim told Asharq Al-Awsat that Riyadh Air’s announcement of the start date for its first commercial flights, along with the official launch of ticket sales from July, was a pivotal step in the transformation of Saudi aviation.

He said it reflected faster implementation of the national aviation strategy under Vision 2030.

Abdulkarim said choosing July 1 for the entry into service of the carrier’s first new B787-9 aircraft showed Riyadh Air was ready to move from building and preparation into actual operations.

The start of ticket sales through the airline’s official platforms, he said, reflected operational confidence and early readiness to enter the international aviation market.

He said launching the first route between Riyadh and London carried major strategic and economic significance. London is one of the world’s biggest centers for business, tourism and air transit, he said, and the route shows Saudi Arabia’s early focus on a high-yield international network directly linked to major global markets.

Raising capacity

Abdulkarim said Riyadh Air’s ownership of four B787-9 aircraft now in the final stages of operational certification showed a push to build a modern fleet focused on efficiency, passenger experience and advanced technology.

That, he said, is essential for competing in the global aviation market, especially after the rapid changes the sector has seen since the pandemic.

He said the entry of a new national carrier of this scale would strengthen Saudi Arabia’s capacity, raise the competitiveness of its air transport sector regionally and internationally, and support tourism, investment, logistics and supply chains.

“The Kingdom is not only targeting higher passenger numbers, but is working to reshape its position as a global aviation hub linking three continents,” he said.

“With new airport projects, expanded air connectivity and the launch of modern carriers, Saudi Arabia is moving toward becoming one of the region’s most important transport and travel hubs in the coming years.”

Competing with major airlines

Aviation expert Al Motaz Al-Mirah said the launch of Riyadh Air’s first tickets showed Saudi Arabia’s strong confidence in the future of aviation.

He said the project is starting with a global vision and modern services aimed at competing with major international airlines, while choosing London as the first destination gives the new carrier a strong presence on one of the world’s most important international travel routes.

Speaking to Asharq Al-Awsat, Al-Mirah said the move was a practical step toward achieving Saudi Arabia’s aviation strategy.

It was not only about adding destinations and flights, he said, but about building an integrated travel experience that strengthens Riyadh’s position as a global air transport hub.

He said the move was expected to support tourism and investment and raise the kingdom’s competitiveness in aviation in the coming years.