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People's Daily Online>>China Business

Chinese COMAC, Boeing agree green drive

(Xinhua)

08:41, March 07, 2012

BEIJING, March 6 (Xinhua) -- The Commercial Aircraft Corporation of China Ltd. (COMAC) and Boeing on Tuesday signed an agreement to jointly promote energy saving and emission reduction in the civil aviation industry.

According to the agreement, the two sides will together establish a technology center for this green drive in Beijing. The facility will be dedicated to the research of improving fuel's burning efficiency and cutting down greenhouse gas emissions in the global airline industry.

Sources with COMAC told Xinhua that the agreement indicated that global participants in the competitive airline industry can seek cooperation to address common challenges so as to benefit passengers and the world's environment as a whole.

As the world's two biggest civil aviation markets, the United States and China both opposed a unilateral move by the EU to tax airlines for their carbon emissions.

According to the agreement, the two companies will also cooperate with China's research institutes and universities in fields including sustainable bio-fuel and telecommunication infrastructure for the airline industry.

It is estimated that China's air travel market will grow to 1.5 billion passengers a year by 2030, from some 300 million passengers this year.

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